Solana (SOL) has experienced a 2% decline over the past 24 hours, with its price currently standing at $158.32. The cryptocurrency has established a local resistance at $161.14 on the hourly chart, and surpassing this level could propel the price towards $165. However, trading volume remains low, indicating limited activity from both buyers and sellers. In the broader market context, Solana is expected to trade sideways between $155 and $165. A significant midterm concern is the potential for SOL to break below the $147 support level, which could result in a price drop to the $130-$140 range.