$SOL Daily insight.. Keep an eye on $165.7👈
Solana appears to be holding steady amid broader market corrections, trading near key support zones. After a brief rally, it’s currently consolidating, suggesting a potential setup for the next move. The $165.7 level looks like a promising entry point based on current technical structure — it aligns with previous demand and the lower bound of the recent channel. However, as we know, crypto remains unpredictable, and sharp wicks or fake-outs are always a risk. If bulls defend this zone, we could see a rebound toward the $188.9–$202 range. Still, a drop below $165 might open the door to deeper retracements. Stay cautious, manage risk wisely, and never chase momentum blindly.
