The price of Solana (SOL) has dropped nearly 11% in the past week after failing to break the $220 resistance level. Despite this, there are signs of whale accumulation, with large holders steadily increasing their positions. The number of whale addresses had declined but has started to recover, indicating renewed accumulation. However, the current trend is still bearish, as indicated by the rising Average Directional Index (ADX) and the decline in buying pressure. The EMA lines also suggest a bearish outlook. If the current downtrend continues, SOL price may test the support level at $185. But the recent whale activity provides hope for a potential reversal, with $197 as a resistance level to watch for.



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