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ChatGPT predicts SOL is facing a deeper correction, with 35 mixed analysis warnings of a fall towards 179 USD!
OpenAI's artificial intelligence model ChatGPT warns that Solana (SOL) may face a deeper correction, with SOL's trading price at $187.75. The volume surged by 103% to $7.33 billion, as the technical indicators showed mixed signs at the key EMA resistance level. SOL may fall towards the support level of $179.
The trading price of SOL is below the 20-day EMA, but it remains above the key 50-day, 100-day, and 200-day moving averages. Despite the short-term weakness, it still shows a resilient mid-term bullish structure.
The following analysis combines 35 real-time technical indicators from ChatGPT, institutional equity developments, social sentiment indicators, and corporate adoption data to assess the 90-day trend of SOL at the key technical inflection point between ongoing consolidation and explosive breakout momentum.
SOL Technical Analysis: Mixed Signals at a Critical Moment
The current price of SOL is $187.75, down -2.21% from the opening price of $192.00, with a trading range between $193.52 (high) and $186.71 (low).
A 3.6% intraday volatility indicates that the fluctuations are ongoing, which is a typical characteristic of the consolidation phase before a major directional trend.
The RSI is at 49.84, in a completely neutral zone, indicating a balance of momentum, with equal chances of moving up or down.
The moving average line shows key positioning, with the SOL trading price slightly below the 20-day EMA of 188.16 USD, while maintaining strength above the 50-day EMA of 185.95 USD, the 100-day EMA of 179.62 USD, and the 200-day EMA of 170.66 USD.
The EMA structure shows an overall bullish trend, but there is a slight weakness in the short term.
(Source: Trading View)
The MACD indicator shows a slightly bullish structure, with the MACD line trading above the zero axis at 0.55. However, the signal line forms a bearish divergence at 0.92.
ChatGPT's 35-Signal SOL analysis shows that institutional investor interest has surged by 103%, with a key resistance level at $188.
Volume analysis shows unusual activity, with a daily trading volume reaching 7.33 billion USD, a significant growth of 103.15%.
The ATR reading is 172.85, indicating an extremely high volatility environment, which means that as institutional positioning accelerates, the next directional breakout may result in significant fluctuations.
(Source: Trading View)
Support level and resistance level: Key levels determine direction
The direct support level appears around today's low of 186.71 USD, with the key 50-day EMA at 185.95 USD also providing support.
The integration of this level of technology provides a primary defense for a sustained bullish structure, making it the most critical level that needs to be monitored.
The key support area extends to the 179.62 USD of the 100-day EMA, representing major technical support and historical accumulation area.
ChatGPT's 35-Signal SOL analysis shows that institutional investor interest surged by 103%, with a key resistance level at 188 USD.
The strong support foundation of the 200-day EMA is approximately $170.66, corresponding to the long-term trend definition and institutional buying area.
The resistance level starts immediately from the 20-day EMA at $188.16, which is the biggest obstacle to restoring the short-term upward trend.
The main resistance level is located in the range of 195.00 to 200.00 USD, followed by a strong resistance level of 205.00 to 210.00 USD, representing the previous range highs.
Successfully breaking through these levels will indicate that the continuing upward trend will restore to the historical resistance level around 220.00 to 230.00 USD.
(Source: Trading View)
Institutional Momentum: ARK Invest Partnership Demonstrates Confidence
SOL Strategies announced a partnership with ARK Invest's Digital Asset Revolution Fund, where Cathie Wood's team will select its enterprise-grade infrastructure for institutional staking operations.
Similarly, the Accelerate Fund plans to raise $1.5 billion to become the largest SOL holder, further indicating the growing institutional interest in investing in Solana.
Three-Month SOL Price Forecast Scenarios
Institutional Breakthrough Scenario (45% Probability)
Successfully broke through the resistance level of 188.16 USD, along with the continued adoption by institutions, may drive its appreciation to 220-250 USD, an increase of 17-33% from the current level.
This situation requires a continuous trading volume of over 5 million SOL daily and the momentum of institutional partnerships.
ChatGPT's 35-Signal SOL analysis shows that institutional investor interest has soared by 103%, with the key resistance level at 188 USD.
Key catalysts include additional institutional equity partnerships, potential developments in ETF approvals, and ongoing corporate adoption.
Based on historical resistance levels and institutional flow forecasts, the technical targets include $200, $220, and $250.
(Source: Trading View)
Merger Scenario (35% Probability)
If it cannot decisively break through the resistance level of 188.16 USD, it may lead to a long-term consolidation between 175 USD and 195 USD, allowing the technical indicators to reset while institutional positioning continues.
This situation provides accumulation opportunities and has very little downside risk.
During the consolidation period, the EMA cluster support level between 179 and 186 USD may hold, with daily volume normalizing around 3 to 4 million SOL.
This sideways trend may continue for 6-10 weeks, depending on the development of the main catalysts.
(Source: Trading View)
Correction Scenario (20% Probability)
Breaking below 185.95 USD, confirmed by volume, may trigger a sell-off towards the 165-175 USD support level, which means a decline of 12-20% from the current level.
This situation requires a broader weakness in the cryptocurrency market or strong institutional selling pressure.
The recovery will depend on lower levels of institutional buying and the resolution of technical resistance over time, rather than through price appreciation.
Solana's current positioning reflects a critical technical node, coinciding with the acceleration of institutional adoption and corporate partnerships.
The current trend needs to decisively break through the resistance level of 188.16 USD to validate the ongoing momentum of institutions rather than a technical consolidation.
Since then, the acceleration adopted by enterprises may drive Solana to reach the psychological milestone of 220 dollars, while ongoing institutional collaborations could push it to 250-270 dollars, representing a new recovery high.
However, if the price fails to break through the resistance level of $188, it indicates that the price will continue to consolidate within the range of $175 to $185, as a technical reset will occur, creating the best institutional accumulation opportunities before the next wave of enterprise adoption drives Solana towards a target of over $300, thus validating the argument for high-performance blockchain infrastructure.
(Source: Trading View)