$SOL is trading within a clear descending channel on the daily timeframe.
The 152.90–162.70 zone is acting as a strong resistance area. Rejection from this zone would favor continuation toward lower channel support. A daily close above resistance could signal a potential trend reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SOL is trading within a clear descending channel on the daily timeframe.
The 152.90–162.70 zone is acting as a strong resistance area.
Rejection from this zone would favor continuation toward lower channel support.
A daily close above resistance could signal a potential trend reversal.
#solana #altcoin