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**Solana (SOL) Price Prediction for December 27**
The price of Solana (SOL) is currently trading at $184.75. According to recent analysis, the cryptocurrency’s current position may lead to a decline in value if it breaks the local support of $185.58. If this occurs and the daily candle closes below that mark, a continuation of the decline towards the $180 area is possible.
On a larger time frame, traders should keep an eye on yesterday’s low close. If that happens, we may witness a test of the $175.26 level within the next few days.
The weekly chart displays a bearish picture. If Solana reaches its nearest support at $175.26, there is a chance to see a breakout followed by further correction towards the $160 area.
It’s essential for traders and investors to monitor these levels carefully as they can significantly impact the price of SOL in the near future.
Source: u.today
