๐จ **Solana ($SOL ) Bulls on Watch: Big Moves Brewing?** ๐จ
Solana has been consolidating around **$166** after multiple rejections at the critical **$160** resistance level. Despite a broader market rally, SOL lagged behind, seeing a **$1.26B dip in trading volume** and declining open interest. This reflects weakening short-term demand for SOL, with traders eyeing **meme coins** like WIF and BONK instead.
๐ **Key Resistance:** $160
๐ **Support Zone:** $152-$155
๐ **Technical Pattern:** Rounding bottom โ a possible sign of trend reversal!
With **67% bullish sentiment** and potential for a breakout, SOL is one to watch closely. A solid move past $160 could signal the next leg up, but without volume, expect consolidation.
Are the bulls ready to charge? ๐
