![Solana (SOL) Prediction for July 23](https://u.today/sites/default/files/styles/736x/public/2024-07/s3265.jpg)
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The market bounce back has not lasted long, according to CoinStats.
![Article image](/sites/default/files/inline-images/%D0%B5%D1%89%D0%B710_9.png)
SOL/USD
The price of Solana (SOL) has declined by 0.26% over the last 24 hours.
![Article image](/sites/default/files/inline-images/sol1_46.png)
On the hourly chart, the rate of SOL might have found a local support at $173.73. If the daily bar closes near $180, growth may lead to the test of the $182-$184 zone shortly.
![Article image](/sites/default/files/inline-images/sol2_41.png)
On the bigger time frame, sellers are controlling the initiative on the market.
Buyers may start thinking about a reversal only if they return the rate to the resistance of $188.32 and fix above it.
![Article image](/sites/default/files/inline-images/sol3_41.png)
From the midterm point of view, one should focus on the weekly bar's closure in terms of the $188.89 level. If it breaks out, growth may continue to the vital area of $200.
SOL is trading at $177.79 at press time.