The market is currently experiencing a decline, with Solana (SOL) seeing a 2% decrease in its rate over the last day. On the hourly chart, there is a local resistance level set at $174.14 for SOL, and if the daily bar closes far from this mark, there may be a drop to the $170 zone by tomorrow. However, on a larger time frame, bulls are attempting to take control following a bearish closure the previous day. If SOL's rate returns to $180 and remains above it, there is a likelihood of upward movement to the $185-$190 range in the coming days. From a midterm perspective, the situation is less optimistic, and traders should pay attention to the weekly bar closure. If it occurs near the support level of $157.82, there is a possibility of a more significant correction to the $120-$140 area. Currently, SOL is trading at $173.44.



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