$SOL expected support and resistance levels

_Timeframe:_ Long-term (at least a month)

_Key Levels:_

- $159 (resistance zone, rejected three times)

- $172 (temporary target if $159 is breached)

- support zone (119-126)

_Analysis:_

- If Sol resists above $159, it may reach $172.

- However, this is contingent on a bullish Bitcoin

- Bankrupt FTX plans to pay customers 118% of their claims, which may lead to a surge in $SOL supply and subsequent selling pressure, causing sol to retest previous support

- If Bitcoin goes down, $SOL may drop further .

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