$SOL Technical analysis Update

$SOL achieve a lot as I mentioned you guys and it hit 160. Now some downward trend. If BTC Goes down to 64k then SOL will down more.

$SOL /USDT is currently trading at $158.36, up 4.40%. The 24-hour high is $160.22, and the low is $150.93, indicating a strong upward momentum. With a 24-hour volume of 3.37M SOL and $522.93M USDT, the liquidity is robust. Investors should consider entering long positions around $151.39 to capitalize on potential gains up to the resistance level at $160.22. For short trades, an entry near $160.22 can target the support at $150.93. Immediate support is at $151.39, with strong resistance at $161.62. Traders should monitor these levels closely to execute profitable trades.

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