Solana Price Update & Market Sentiment Shift

[tobiluxy]

SOL is currently hovering around the $161 range, and the market is showing mixed signals. RSI has climbed out of the oversold zone (sitting near 35), which usually hints at a short-term recovery. MACD is also preparing for an early bullish crossover, though the histogram is still slightly negative — meaning momentum hasn’t fully flipped yet.

Key levels remain clear:
Above $160 → Possible move toward $175–$180
Below $150 → Risk of sliding into the $135–$130 range
If sell pressure continues to escalate, even $100 isn’t off the table

Meanwhile, many traders in the community have been discussing the increased volatility across the market and how they’re testing short-term sentiment with pairs like the newly listed $1/USDT perpetual futures on BingX. It’s been a way for some to navigate the fast swings while keeping an eye on SOL’s bigger price structure.

Would love to hear what levels others are watching and how you’re approaching this SOL setup.