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#SOL Price Analysis
Solana (SOL) is consolidating near ($170), balancing bullish and bearish signals. Critical support sits at $166–$167, while resistance at $170–$172could spark a rally toward $175–$180** if breached . The RSI is hovering near oversold territory (~30), hinting at potential short-term upside if buying pressure returns . However, the MACD remains bearish, reflecting lingering downward momentum . Long-term, SOL’s DeFi dominance and meme coin activity (e.g., $TRUMP) underpin its resilience, with forecasts targeting $350+ by year-end if institutional adoption accelerates . Traders should watch for a decisive breakout above $172 or a dip below $166 to gauge the next move. Bullish patience or strategic entry here could pay off. 🚀