Price chart analysis of $SOL 1 hour time frame:

1. Uptrend:

Price: $173.5

24-hour change: +4.67%

7-day change: +2.96%

24-hour trading volume: $497M

Market cap: $79B

2. support and resistance levels:

Support levels: $169.18 and $167.16

Resistance levels: $174 and $178.44

3. Technical indicators:

MACD: MACD line is above the signal line.

RSI: The RSI indicator is at 68, showing that the market is in a strong buying state.

EMA: price is above the EMA 50 showing an uptrend.

4. Conclusion: The price could break through the $174 resistance level and rise to the next resistance level, or the price could retrace to the nearest support area and continue to rise.