$SOL Update: Breakdown Zone with Minor Relief Attempt
Solana ($SOL) is trading at $163.10, down -5.61% on the 4H chart, following a drop to a key low of $160.13. The decline from $179.41 highlights strong bearish pressure, though a modest bounce suggests a possible buyer response.
🔹 Key Levels
• Resistance: $167.60
• Support: $160.00 (critical)
• Short-Term Structure: Bearish with Neutral Attempt
A break above $164.50 could trigger a short-term relief rally. However, failure to hold $160 may lead to further downside.
