$SOL

🔵SOL bulls continuously attempted to break through the $159 level without success, leading to a price pullback below the 20-day moving average of $148.

Currently, the 20-day moving average is flat, and the RSI is slightly below 50, indicating that the forces of bulls and bears are in a stalemate, with supply and demand temporarily balanced.

⚠️ Conditions for an upward breakout:

If buyers can push SOL strongly above $159, the bulls will regain control of the situation.

After breaking through, SOL is expected to challenge $168, and even $185, opening up upward space.

⚠️ Downward risks:

If SOL closes below the 20-day moving average of $148, it indicates that the bearish forces are gaining strength, and the price may drop to the critical support level of $140.

Once $140 is lost, SOL may quickly plunge to $126.

📉 Key clues from the 4-hour candlestick chart:

The bulls failed to hold the 50-day moving average (short-term pressure is evident), pulling back to around $145.

If $145 bounces back strongly, it indicates that buying on dips is still active, and SOL is expected to launch another attempt to break through $159.

If it successfully closes above $159, it will complete a bullish inverted head and shoulders pattern, targeting $192!

Conversely, if the price drops below $145, SOL may continue to fall towards $137, and $137 will be the key defense line for the bulls; if it loses that level, the downtrend may expand to $130.