Solana Price Puzzle: $165 Breakout or $131 Plummet?

Solana is trading in the middle of the daily range zone between $131 and $165, where (1) it can move from in either direction and (2) the price action is expected to be slow and choppy.

A bullish break-out of $165 will push SOL towards $205 and, possibly, higher.

It is yet to make a higher high relative for the most recent swing and until then there is a a risk of bearish move towards $131 and, if broken to the downside, lower to $113.