MUST READ for ALL $SOL Holders đš
$SOL Trend Prediction Update đ„
Solana is now sitting at one of the most critical zones in months.
On the daily chart, $SOL has already completed a 5-wave impulse + 5-wave correction â and now price is hovering near the key support area at $163â165.
Indicators:
RSI ~32 â Market is oversold⊠selling power is losing heat đ
MACD flat under 0 â Bearish momentum is fading
Low volume â Often appears near the end of a correction
Technical Outlook:
If SOL holds above $163 and starts closing daily candles above $170â175, we could see a strong bullish reversal with upside targets:
$181 â $191 â $217
BUTâŠ
â ïž Break below $160 = correction continues toward $150
Risk management is everything here.
Fundamental Strength:
Solana still remains one of the fastest & most scalable L1 chains.
Low fees, expanding ecosystem, rising users, strong NFT + DeFi activity⊠even during market dips.
The long-term structure is still powerful.
SOL Current Price: $161.31 (-8.29%)
Support: $163â165
Resistance: $181 â $191 â $217