SOL/USDT – Holding Steady Near the $160 Threshold
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Hello everyone, Solana (SOL/USDT) is currently stabilising around $156 after a strong correction earlier this week. This area serves as a key support level, as buying pressure has become more visible over recent sessions.On the 4-hour chart, the main trend still leans slightly bearish, but the repeated rebounds from $155–156 suggest that buyers are trying to defend the base.
From a news perspective, the broader crypto market remains influenced by U.S. monetary policy. A stronger dollar and 10-year Treasury yields hovering around 4.2% have made investors more cautious toward risk assets like crypto. However, Solana stands out thanks to steady capital inflows into its DeFi and NFT ecosystems, along with ongoing institutional interest — factors that have helped prevent heavy sell-offs.
Overall, liquidity within the Solana ecosystem remains stable despite macro headwinds. Therefore, SOL is likely to continue moving within the $155–160 range before deciding on its next direction.
What do you think — can Solana hold this base and bounce back soon?
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$160 is a strong psychological and structural support — key level to watch. 🧠
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If SOL breaks $170 cleanly, we could see a push toward $185.
