SOL has been tightening up and the chart looks like it's getting ready for a real decision. Over the next few sessions, weโll likely see whether this turns into a fresh bullish leg higher โ or one final flush before acceleration.
Main zone to watch: $160โ$175
Whoever wins this zone likely controls the next major move.
Why This Setup Matters
Market structure:
SOL ripped in a clean 5-wave move, then cooled off in a textbook correction. Now price is squeezing near a strong demand pocket โ classic pre-move behavior.
Momentum:
RSI hanging around low-30s โ oversold but stabilizing.
MACD flat under zero โ sellers are running out of energy.
Volume:
Drying up โ exactly what you see before a volatility expansion.
Key Levels
โ
Bullish case: Holding above $163, then daily closes above $170โ$175
If that happens โ targets $181, $191, $217
โ Bearish case: Clean breakdown below $160
That opens $150, then $142โ$145 if liquidity gets hunted.
Simple view: whoever wins $160โ$175 likely drives the next $20โ$40 swing.
Market Signals
RSI ~32 โ stretched, bounce fuel if buyers step in
MACD curling โ momentum shift brewing
Price pattern โ higher lows & flat resistance = potential ascending structure if $163โ$165 holds
Game Plan (Not Financial Advice)
Breakout traders:
Wait for daily close above $175, invalidation near $168โ$170
Range traders:
Play the band $163โ$175 only if you see clear rejection + tight stop
If wrong:
Daily close below $160 โ step aside until $150 reacts
Reminder:
Small size in chop. Scale only on confirmation. Your stop loss is your bodyguard.
Fundamentals Snapshot
Nothing changed in Solanaโs core value:
Fast chain. Cheap fees. Active user base. Real apps shipping.
Weakness looks cyclical, not structural โ but price still has to prove it.
What to Watch This Week
Daily candles around $170โ$175
Volume increase on any breakout
MACD flip + RSI reclaim mid-40s range
Disclaimer:
This is market commentary โ not financial advice. Crypto moves fast. Manage risk and stay prepared.
#solana #CryptoTA #solustd $SOL