$SOL is currently in a mega bullish phase

SOL is in a bullish phase but currently encountering resistance near the 99-day MA. If SOL can break above the $165 level with strong volume, it may see a further uptrend. However, if it fails to break this resistance, a pullback to the $155 support level is possible. Traders should watch the 99-day MA for signs of a trend continuation or reversal.

Support Level: The recent low at $155.11 is acting as a short-term support level.

Resistance Level: The recent high of $165 acts as the immediate resistance. A break above this level could lead to further gains.