$SOL Bulls Defend $174 A Bounce in Progress....
$SOL has rebounded strongly from the $174.00 support after a sharp intraday dip. The current price is $176.72, showing signs of short-term recovery, but immediate resistance lies near $177.60–$178.00.
24h Range: $173.24 – $184.67
Buy Pressure: 55.01% dominance in the order book, indicating modest buyer control.
Key Support: $174.00
Immediate Resistance: $177.60 – $178.00
If SOL holds above $176.50, it may challenge the $178.00 mark. A breakout could open the path toward higher levels, but failure to hold above $176.50 may result in another test of the $174.00 support.
Trade Setup
Entry: $176.50 – $177.00
Stop Loss: $174.00
Target 1: $178.50
Target 2: $181.00
Target 3: $184.00
Caution: A break below $174.00 would shift momentum back to the bears.