Current scenario for $SOL
1️⃣ Current price: $167.07
2️⃣ Nearest support levels: $163.50 – $160.00
3️⃣ Nearest resistance levels: $170.00 – $174.50
Two possible scenarios:
📈 Bullish scenario (Long):
If SOL holds above $165, a move towards $170-$174 is possible.
A close above $174 will open the way to $178-$180.
📉 Bearish scenario (Short):
If the price breaks $165, a pullback to $163.50-$160 is likely.
A close below $160 will strengthen the downward pressure to $155.
🔍 Recommendation:
Long if confidently closing above $170.
Short if breaking $165 and closing below $163.50.
Watch for volumes and confirmation of the breakout.