Price #Solana (SOL) has created a deviation above an important resistance area. It will likely continue to decrease in the near future.
Daily outlook
Solana (SOL) price has increased more than 150% since hitting a low at $12.7 on June 10. The move helped the price reclaim the $20 support area and break above long-term resistance at $26.
After the breakout, the next potential target will be the $39 resistance area. However, it turned out to be just a deviation (red ellipse) as SOL price only reached a yearly high of $32 on July 14 and fell back below the $26 resistance area a few days later. Such deviations are often followed by sharp declines.
On July 30, SOL price confirmed the $26 area as resistance again (red arrow), confirming the validity of the deviation.
Therefore, #SOL price is likely to drop to the $20 support zone in the near future.
https://tapchibitcoin.io/gia-solana-sol-co-the-giam-them-trong-thoi-gian-toi-day-la-ly-do-tai-sao.html
