$SOL /USDT – Holding the Line or Losing Grip?
SOL is trading around 164.17, sliding 3.18% after failing to push past the 169.80 high. Sellers keep leaning on the mid-$160s, but the 159.20 bounce zone is still holding firm — the same spot where bulls drew their last battle line.
🔍 Market Take:
Buyers showed up strong when SOL dipped into the $159s, sparking a quick rebound. Now, the question is whether they can push past the 166–171 squeeze zone. Clear skies open above 171.33, where momentum could stretch toward 176–182. Slip back under 159, though, and the bears will likely take the wheel.
📊 Levels to Watch:
•Support: 159.20
•Resistance: 166 / 171.33
•Bias: Neutral-to-Bullish (as long as $159 holds)
•Playbook: Accumulation above $160 could set up a breakout attempt. But under $159? Time to step aside or flip bias.
For now, SOL is balancing on a thin ledge — and whichever side it tips will decide the next big swing.
