$SOL Solana trades at $168.50, down 1.25%, with approximately $2.1B in 24-hour volume. The supplied analysis identifies a potential support zone near the four-hour 100 EMA. Falling open interest and flat funding may indicate reduced leverage pressure, although a bounce is not confirmed. Bitcoin's hourly direction remains a key risk for this setup.
📈 Bias: Neutral / Intraday Bearish | 🎯 Entry: $165.00–$167.50 | 🛡 Support: $164.00 | 🚧 Resistance: $174.50 | 🎯 Targets: $172.00 / $176.00 / $181.00 | ❌ Invalidation: $161.80
Strategy: Watch for support confirmation near the entry zone; reassess if $164.00 fails.
#SOL #Solana #CryptoTrading #SupportAndResistance #BinanceSquare
📈 Bias: Neutral / Intraday Bearish | 🎯 Entry: $165.00–$167.50 | 🛡 Support: $164.00 | 🚧 Resistance: $174.50 | 🎯 Targets: $172.00 / $176.00 / $181.00 | ❌ Invalidation: $161.80
Strategy: Watch for support confirmation near the entry zone; reassess if $164.00 fails.
#SOL #Solana #CryptoTrading #SupportAndResistance #BinanceSquare
