$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.

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