$SOL Will Bulls Reclaim Control?
Solana (SOL) is trading at $164.40, showing signs of base formation after a steep decline. Price is currently stuck in a narrow consolidation zone, just beneath the $166 resistance. With selling volume dropping, a sharp move could be right around the corner.
Key Levels to Watch:
• Resistance: $166.00 – A breakout could lift SOL toward $168.00 and possibly $170.00
• Support: $163.50 – Breaking below may open the door to $162.00 and $160.00
Trade Setup – Prepping for the Next Wave!
• Bullish Entry: Above $166.00
• Target 1: $168.00
• Target 2: $170.00
• Bearish Entry: Below $163.50
• Target 1: $162.00
• Target 2: $160.00
SOL is coiling tightly. Traders, brace for a potential breakout or breakdown – momentum is building!