Solana (SOL) Price Prediction for August 1
Main Idea
Solana (SOL) has experienced a price decline, with potential further drops if key support levels are not maintained.
Key Points
1. Solana (SOL) price has fallen by 4.88% over the last 24 hours.
2. The rate of SOL is declining after a false breakout of the local resistance at $171.84.
3. If bulls fail to take control, the price may test the $165 support level.
4. A further drop to the $150-$160 zone is possible if the price closes near its low.
5. SOL is currently trading at $168.17.
Description
Has correction of Solana (SOL) started yet?
$SOL
$207.56
-1.14%
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