Solana (SOL) has faced a steep decline of 20% in the last week, decreasing its market capitalization to 85 billion USD. The bearish trend persists, with SOL trading below critical support levels, indicating strong selling pressure.
Should the downtrend continue, SOL risks dropping to support levels of 159 USD and possibly to 133 USD, representing a 22.6% adjustment. Conversely, a recovery could see SOL challenge resistance at 183 USD, aiming for 203 USD.
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