Solana is facing resistance near $164.50, indicating a possible continuation of corrections.
Analysts using Elliott Wave and Fibonacci analysis foresee a downward trend, with a potential fall to $143.50 support.
RSI and MACD indicators suggest that the price bottom may not have been reached yet.
There is heavy resistance at $164.50 for Solana ($SOL), and the market is currently in a correction phase, potentially extending towards the $143.50 support area.