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$SOL /USDT – Sideways Chop, Waiting for Clear Direction
Current Price: $172.97 (-0.85%)
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SOL is currently range-bound between $166.70 (support) and $175.29 (resistance), showing mixed momentum. Price is riding just above MA(7), MA(25), and MA(99), suggesting indecision in the market.
Range Strategy (Short-Term Swing):
Long Entry Zone: $170 – $172
TP1: $175.20
TP2: $178.00
SL: $166.50
Short Setup (If rejected near resistance):
Entry: $174.50 – $175.20
TP1: $171
TP2: $168
SL: $176.50
Key Observations:
MA cluster tight – low volatility phase
Volume declining compared to 10-day avg
Likely breakout if volume spikes
Pro Tip: Let the chart confirm the breakout or rejection. Don’t jump early—watch for volume + candle confirmation on the 1H/4H.
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