$SOL is currently trading near the lower Bollinger Band at 173.57, indicating potential oversold conditions.
The price change of -0.395% suggests a consolidation phase with resistance at 179.02.
Volatility appears to be contracting, which could lead to a breakout in either direction soon.
Traders should consider placing a stop-loss just below support at 173.48 to manage risk effectively.
Recommended action: Set alerts around key levels and wait for a decisive breakout before entry.