The trading price of $SOL is currently hovering around $163, gradually approaching the key resistance level of $164.

If SOL can successfully break through this resistance level, it may further challenge the upper boundary of a bullish symmetrical triangle, with potential upward targets at $189 and $210, respectively. In this process, the level of $175 may become a new resistance level.

In the short term, the level of $160 provides support for SOL. As long as the price remains above $160, market sentiment may continue to be bullish for SOL. However, if this support level is broken, the price of SOL may further retreat to $150, and it might even drop to lower levels. Investors should closely monitor these key price levels and adjust their trading strategies accordingly.