$SOL /USDT

📊 SOL/USDT Snapshot

Current Price: $159.27 🔻

24h Change: -4.08%

24h High: $168.36

24h Low: $157.98

Volume (24h):

SOL: 3.66M

USDT: $598.81M

🔍 Key Levels

TypePrice (USDT)Notes🔻 Support Zone$157.98 – $158.50Daily low; watch for wick re-tests⚫ Current Price$159.27Hovering just above support🔺 Resistance$164.16 – $168.36First barrier + 24h high (sellers visible)

📉 Technical View (Short-Term)

Trend: Short-term bearish (down 4% in last 24h)

Momentum: Weak with slight relief bounces from the low

Volume: High selling volume, moderate buy-side defense at $158

Depth Snapshot: Strong resistance forming above $160–$164

🧠 Trade Scenarios

🟢 Rebound from Support (Short-Term Bounce)

Entry: $158.00–$159.30

Target 1: $161.50

Target 2: $164.00

Stop Loss: Below $157.50

Rationale: Price defending the daily low may lead to a short-term bounce

🔻 Breakdown Continuation

Trigger: Sustained price action below $157.80

Target 1: $154.00

Target 2: $150.50

Stop Loss: Above $160.50

Rationale: Continuation of current trend toward deeper support zones

🔼 Recovery Breakout

Trigger: Break and close above $164.50

Target 1: $167.50

Target 2: $172.00

Stop Loss: Below $161.00

Rationale: Breach of short-term resistance could signal trend reversal

📈 Indicators Overview (Estimates)

IndicatorStatusRSI~40 (Bearish territory)MACDBearish crossover (fading momentum)VWAPLikely above price (~$161–$163 est.)TrendCorrective pullback in larger trend

🧭 Summary

FactorValueBiasShort-term bearishSupport$157.98Resistance$164.00 – $168.36MomentumWeak, but bounce possible

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