Update SOLUSDT - July 16, 2025, Afternoon:
🔥Current Price: 163.43 USDT
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🔺Bullish Scenario:
Maintain above the trendline and EMA → bullish structure still valid
Break 164.50–165.30 → further bullish confirmation
Upper target: 168.00 – 170.00
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🔻Bearish Scenario:
If it fails to hold above 162.00, potential correction to 161.00 then 158.80
Watch price reaction around EMA 26 and the rising trend support
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⚖️ Conclusion:
SOL has successfully recovered from the correction and still maintains a bullish trend. As long as it holds above 162, the bias remains positive. The next 1–2 hour candles are crucial for direction validation. #dyor