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Solana (SOL) Price Heading to the Crucial Range—Will it Drop to $150 or Rebound to $180?

  • Crypto markets are consolidating ahead of $5 billion liquidity influx, with Solana (SOL) price facing downward pressure around $160.
  • Solana price is testing crucial resistance and is at risk of major pullback if bears continue to dominate.
  • SOL price is within a descending expanding channel, showing bearish signs like RSI divergence and CMF below 0.
  • Potential for SOL price to drop to $151.97 local support or even lower to $130 with a bearish weekly close.

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