SOL Night Market Commentary:
Weak rebound tests support, short-term bullish and bearish look at key price levels. SOL saw a rebound last night but the strength was insufficient, falling back to the first support level before a slight recovery.
Today's key focus is $170.9 — if this position holds on the 1-2 hour level, there is still potential for an upward move after a pullback. The upper resistance levels are $173.6, $178.3, and $181.7.
If the 4-hour level breaks below $170.9, the 1-2 hour rebound may end, and the lower support levels to watch are $168.9, $166.5, and $164.3.