$ETH The SOL/USDT 4-hour chart shows Solana currently trading at $172.05, up 0.64%. After a significant climb from around $141.37 in early May, SOL reached a high of $184.88. It has since retraced and is now trading below the middle band of the Bollinger Bands (BOLL: 20, 2), which is at $175.25.

Resistance is likely around the recent high of $184.88 and the middle Bollinger Band. Support can be seen near the $166.70 level (24-hour low) and potentially around the $160-$165 range. The recent red candles and trading below the middle Bollinger Band suggest a potential for further downward movement if the immediate support is broken. Volume has decreased during the recent pullback.