SOLUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
SOLUSDT running in negative trend and its immediate strong resistance on 15 minute chart are 165 to 172 level . Stop loss is 175 level and it can fall towards 135 level minimum because of wave c on 30 minute chart .Intraday purpose selling is better for targets 159.50,158,156 levels respectively with stop loss 175 level.
QUICK FUNDAMENTAL LOOK
Solana (SOL) is currently trading at a crucial demand level near $163, following a retrace from local highs around $183. This price is a critical support area that could determine the direction of SOL’s upcoming price action. Losing this level could signal a deeper correction, which would intensify selling pressure and potentially push SOL to retest lower support levels.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .