$SOL

SOL/USDT Update (4H Chart)

Solana is showing a bullish structure with a price currently at $171.03 (+2.84%). The price has bounced off the support at $159.44 and is pushing upward, testing minor resistance near $171.76.

Key indicators:

MA(7): $168.95

MA(25): $167.83

MA(99): $166.00

Price is trading above all key moving averages, indicating bullish momentum.

Volume is steady with green candles confirming buying pressure.

If SOL breaks and holds above $171.76, we could see a potential move toward the next resistance near $177.64. Watch for a retest and confirmation before entering.

Support: $165.85 – $159.44

Resistance: $171.76 – $177.64

Trend: Bullish on short-term (4H)

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