The Cryptocurrency Market continues to respond to wider economic factors as Solana demonstrates resilience in the midst of global traditions. Sun’s price action formed a clear increase with higher low and higher heights, which broke through key -sowing levels with volume in institutional quality, suggesting accumulation despite a short correction of 1.35% in recent hours. Meanwhile, analysts at the $ 166.82 level point as a crucial short -term turn, with the potential of significant movement upwards if sun can maintain momentum over $ 177 resistance.

Technical analysis highlights

• Sol climbed from a low level of $ 159.69 to a high of $ 173.03, representing a significant range of $ 13.34 (8.35%).
• Price action formed a clear increase with higher low and higher heights, which broke through key resistance to $ 166.87.
• Over-average volume was observed around the $ 167- $ 170 zone, indicating strong buyer interest.
• Remarkable support established at $ 160.34, where buyers stepped in with conviction in the early hours.
• Final Four Hours showed accelerated momentum with volume tips that exceeded the 24-hour average, suggesting institutional accumulation.
• A short downward correction happened in the last 60 minutes that fell from $ 172.19 to $ 169.87 (1.35% down).
• The psychological level of $ 170.00 worked briefly as support before failing.
• The last 30 minutes showed declining volatility and volume, which potentially indicated fatigue of sales pressure.

External references