⚠️ $SOL /USDT – -5.91% Dip to $158.42! Is Layer-1 Leader Setting Up for a Bounce? 🔄
$SOL has pulled back to $158.42 (-5.91%), slipping from a 24h high of $169.81 and approaching its 24h low of $156.01, amid increased volatility across Layer-1s. Trading volume remains massive with 3.58M SOL exchanged (≈$585.08M USDT), indicating continued market attention. Depth shows layered resistance at $160.98, 162.77, and 164.57, with nearby support at $157.40 and critical defense at $156.01. A reclaim above $160.98 may reignite momentum — otherwise, traders should watch for wick traps and fakeouts as price coils in this zone. Key moment for Solana bulls to hold the line.