Solana Price Prediction: SOL Dips as Uniswap Integration Fails To Halt Outflows
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Solana (CRYPTO: SOL) price today is hovering near $178, marking a 3% decline as the market struggles to absorb continued outflows and weakening momentum. The token is now testing a major ascending trendline near $186, a zone that coincides with the 200-day EMA and the lower boundary of its long-term symmetrical structure.
Solana Price Tests Long-Term Trendline Support
The daily chart shows Solana breaking below the $186.7 support line after a steady selloff from the $230 resistance earlier this week. The price structure forms a tightening symmetrical triangle, with the lower boundary now aligning with the 0.382 Fibonacci level at $172.
The 20-day EMA sits near $205, while the 50-day and 100-day EMAs at $208 and $199 act as overhead resistance layers. The 200-day EMA near $186 remains the last line of defense before the next ma…
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