$SOL Currently, the overall SOL trend is still bullish. The position at 164 is very critical and can be seen as a dividing line between bulls and bears.
As long as it doesn't drop below 164 on the hourly chart, the market is still under the control of the bulls, and we can continue to look for upward movement. First, we will look at two target resistance levels: 168 and 176. When reaching these two positions, pay attention to any signs of a pullback after a rise.
However, if the market cannot continue to push upwards, we need to be cautious about whether the support at 164 can hold. If the hourly close truly breaks below 164, the market is likely to undergo a small-scale correction. The first target level is 160, and if it breaks below that, watch for 155.
Therefore, the overall strategy is: if 164 holds, remain bullish; once it breaks, be wary of a short-term correction.