SOL shows a weak pullback to 157 followed by a volume contraction rebound. After standing above 167, it continues to consolidate weakly.
In the short term, there is no obvious bullish or bearish volume. After a pullback rebound to resistance testing at the daily level, there is still an expectation of a pullback.
Patiently wait for another test of support around 157 for a pullback test. If it holds, then we will look for the bottom formation to emerge and form a reversal.
Weakly following the US stock market and the overall market continues to adjust downwards. If it breaks below 157 again, the short-term bullish trend will soon turn into a bearish trend.
Currently around 167, support and resistance are switching positions, oscillating back and forth, with both sides being 50-50.
Pay attention to whether it can remain stable at the 4-hour level. After stabilizing, we will continue to look for a rebound.
Otherwise, continue to look down for a pullback.
On a slightly larger scale, before regaining above 176 with volume, focus mainly on short positions, with long positions as a supplement.

Upper resistance: 170/176.7/183.5/186.9
Lower support: 164/161.2/157.7/153.3/149.5
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