$SOL Breakout Watch: Bulls Testing Key Zone Near $180!
Solana is currently trading at $178.64 (+3.43%), showing early signs of strength after reclaiming support. Price action on the 15M chart reflects a tight consolidation just beneath resistance, hinting at a potential breakout or fakeout scenario. Volume remains moderate, but order book pressure leans slightly bullish.
Key Technical Levels
• Resistance Zone: $179.80 – $180.50
A strong close above this range could ignite a fresh rally toward higher zones.
• Immediate Support: $177.50
Holding above this level keeps short-term bullish momentum intact.
Trade Setup – Be Ready for Both Scenarios
Bullish Continuation:
• Entry: Break and retest above $180.50
• Target 1: $183.00
• Target 2: $185.00
Bearish Pullback:
• Entry: Break below $177.00
• Target 1: $174.50
• Target 2: $172.80
Volatility Alert: Solana is at a decision point. Breakout above $180 could open the doors for an intraday surge, but a failure could lead to a sharp pullback. Watch price action closely!