$SOL SHORT-TERM PULLBACK OR BULL TRAP? DECISION TIME!
$SOL is currently trading at $175.22, down -6.25% on the day after a failed attempt to reclaim higher ground near $176.50. The price is now hovering at a minor support level with a tug-of-war between bulls and bears. Volume is moderate at 9.33K, and the order book leans slightly bullish with 55.34% buy-side interest.
Key Levels to Watch:
• Immediate Resistance: $175.60
A breakout above could target:
• TP1: $176.50
• TP2: $178.00
• Critical Support: $175.00
If broken, expect downside acceleration toward:
• TP1: $174.00
• TP2: $172.50
Trade Setup:
• Bullish Entry: On a 15m close above $175.60
• Stop-Loss: Below $175.00
• Bearish Entry: On a clean breakdown below $175.00
• Stop-Loss: Above $175.60
$SOL is coiling at a decision zone. A move above $175.60 could lead to quick upside, but a drop below $175.00 might open the door to deeper selling. Stay nimble—directional clarity is near.