‼️‼️$SOL RECENT UPDATE ‼️‼️
Support Levels:
1. 160.36 USDT: This level has been tested recently and can act as a near-term support.
2. 157.92 USDT: This is another significant support level, indicated by the lower wick of the candlestick.
Resistance Levels:
1. 163.18 USDT: This level has been tested multiple times and currently acts as a resistance.
2. 165.62 USDT: This is the recent high and serves as a major resistance level.
Breakout Possibilities
Bullish Breakout:
- If the price breaks above the 163.18 USDT resistance level with significant volume, it could signal a bullish breakout.
- The next target would be the 165.62 USDT resistance level. Breaking this level could push the price towards higher targets.
Bearish Breakout:
- If the price falls below the 160.36 USDT support level with increased selling volume, it may indicate a bearish breakout.
- The next support level would be around 157.92 USDT. If this level fails to hold, the price could see further declines.
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