Solana (SOL) Could Fall 15% This Week, Here's Why
The token is currently trading at $187, breaking the $183 resistance level. However, it is likely to pull back soon if it fails to break through the $201 barrier, as it did earlier this month.
This would potentially lead to a drawdown to $160, which would represent a 15% drop and a break of support at $168.
On the other hand, if Solana breaks the $200 resistance level, it will invalidate the bearish scenario and target SOL at $220.
