Solana (SOL) Price Prediction for July 24
Main Idea
Solana (SOL) is experiencing a price decline, with low chances of sharp movements in the near term, and the weekly candle closure could influence further drops.
Key Points
1. Solana (SOL) is one of the biggest losers today, falling by 3.06%.
2. Support level is at $179.87, with low chances of sharp price movements by tomorrow.
3. Volume has decreased, confirming the absence of buyers, making $180-$190 the most likely scenario.
4. Weekly candle closure with a long wick could lead to a drop to the $170 mark.
5. SOL is trading at $185.97 at press time.
Description
How far can decline of Solana (SOL) continue?
$SOL
$207.91
-0.68%
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