$SOL Bounces Back: Is $168 the Next Stop? ๐ฅ
Solana is showing signs of life after a healthy dip! Currently trading at $159.76, SOL is bouncing off the $157 support zone with a +1.29% move on the 4H chart.
Hereโs what the chart is telling us ๐
๐ข Support Held: Buyers stepped in at $157โ158, triggering a reversal candle
๐ด Resistance Ahead: Watch the $164โ168 zone it rejected earlier but another test could be incoming
๐ Downside Risk: A drop below $156 could send SOL toward $150
๐ Bullish Breakout Zone: If SOL clears $168 with strong volume, it may run toward $172+
๐ก Volume is picking up on green candles = buying interest is back!
๐ Still early, but this bounce could be the start of a breakout if momentum holds.
๐ Keep an eye on the next few candles. Confirmation above $164 = bulls back in control.
