$SOL /USDT
Current Price: $155.36 (-1.98%)
Volume: 2.579M
Accumulation/Distribution: 306.23M
SOL's price is in a pullback phase after hitting resistance at $165, with volume tapering off, indicating weakening buying interest. However, the Acc/Dist line suggests that accumulation continues in the background.
**Key Concepts**
â Support-Resistance: Immediate support lies at $150, while breaking through the resistance at $165 could trigger a rally toward $170.
â Market Psychology: Profit-taking is likely occurring at these levels, but sustained accumulation shows confidence in a possible rebound.
â Trend Analysis: Despite the correction, SOL is still within a broader uptrend in line with Dow Theory, where higher lows suggest continued strngth.
