Solana is approaching a key resistance level at $164.50, which will determine its short-term trend.If Solana fails to break above $164.50 and drops below $151.70, it may indicate a bearish phase is imminent.Traders are cautious as indicators and volatility point towards an upcoming significant price movement.Solana's current price is $160.49 with a 5% daily gain, showing engagement from investors and stable trading volume.