$SOL has slight bearish movement, down 0.519% in the last 24 hours.
Currently, price is nearing the lower Bollinger Band at 172.53, indicating potential oversold conditions.
Support is strong at 172.5; a break below this could signal further downside.
Resistance sits at 181.74; a push past this could validate a bullish trend.
Volatility appears to be contracting, suggesting reduced price movement, which may precede a breakout.
Consider placing a stop-loss just below 172.5 to manage risk.
Recommended action: wait for a confirmation break above resistance before entering a position.
