📊 Solana ($SOL ) Technical Analysis – 4H Timeframe
Current Price: $180.73 (+2.23%)
Recent Trend: SOL has rebounded strongly from the $160 support zone, showing consistent bullish candles with rising volume.
Resistance Levels:
$184 – Short-term resistance (if broken, could trigger a move higher).
$196 – Strong resistance from the last peak before the drop.
Support Levels:
$172 – Short-term support.
$160 – Major support and previous reversal zone.
💡 Indicators & Momentum:
Volume: Increasing on green candles → bullish sign.
Trend: Uptrend resumed after recent correction; higher lows forming.
Outlook: If SOL breaks $184 with strong volume, it could rally towards $196–$200.📈
If it fails to break $184, a pullback to $172–$168 is possible before another attempt higher.📉