$SOL Hey crypto traders! Let's take a quick look at SOLUSD on the 1-hour chart from Binance. The price is currently at $168.02, down just 0.02%. It’s testing a key support level at $168.00 after a rollercoaster—peaking at $184.00 before pulling back.
What’s next? Here are the possibilities:
Bearish Case: If it breaks below $168.00 with high volume, we could see a drop to $164.00.
Bullish Case: If it holds above $168.00 and pushes past $172.00, a rally to $180.00 or even $184.00 might be on the cards.
Sideways Action: Low volume around $168.00 could mean consolidation for a while.
The market’s feeling cautious right now—low volume and a slight bearish lean. Watch that $168.00 level closely over the next few hours; a breakout with volume will show the direction.$SOL