$SOL 1. Current Price Action
As of now, SOL is trading just under $133, around $131
It's already tested the $133 level (intraday high), which means buyers have tried to push it past that point.
This level is acting as resistance—a price point where selling pressure typically increases and the asset struggles to move higher.
2. Why $133 is Important
Resistance levels like $133 are often psychological barriers or technical zones where the price has previously reversed.
If SOL can close above $133 with strong volume, it would signal a bullish breakout, often triggering more buying.
4. Technical Indicators (Likely) Supporting the Move
Without looking at the live chart, here’s what traders would typically watch for confirmation:
RSI (Relative Strength Index) not yet overbought → room to move up.
MACD (Moving Average Convergence Divergence) possibly crossing bullishly.
Volume increasing near resistance → shows real interest and strength.
5. What Happens If It Breaks $133?
If SOL breaks and holds above $133, the next potential resistance zones might be:
$140
$150
Or even retest highs from earlier in the year if momentum continues.
#SCALPER