$SOL /USDT 4 Hour:
#Support Levels:
1. Lower Purple Zone: Around $160. This is the immediate support level where the price has bounced previously.
2. Blue Line: Approximately $153. This represents a lower support level in case the price breaks through the $160 support.
# Resistance Levels:
1. Upper Purple Zone: Around $168 to $170. This is the immediate resistance zone where the price has been rejected multiple times.
2. Yellow Line: Approximately $180. This marks a higher resistance level that could be tested if the price breaks above the $170 resistance zone.
# Potential Scenarios:
1. Bullish Scenario: If the price breaks above the $168-$170 resistance zone, it could move towards the $180 level.
2. Bearish Scenario: If the price falls below the $160 support level, it could decline towards the $153 support area.
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