$SOL STRONG RUN STALLING NEAR RESISTANCE: WILL THE BREAK CONTINUE?
$SOL is currently trading at $172.10, posting a solid +7.63% gain today. After a sharp rally, price is pausing just below the $173 level, showing signs of consolidation under resistance. Momentum remains bullish, but order book suggests caution.
Key Price Levels:
• Resistance Zone: $173.50 – $176.00
If bulls push through, next potential targets are:
• TP1: $179.80
• TP2: $185.00
• Support Zone: $168.00 – $164.00
If the rally fades, watch for a pullback toward:
• TP1: $160.50
• TP2: $157.00
Trade Setup – Breakout or Pullback?
• Bullish Entry: Break above $173.50 with increased volume
• Targets: $179.80 and $185.00
• Stop-Loss: Below $168.00
• Bearish Entry: Breakdown below $164.00
• Targets: $160.50 and $157.00
• Stop-Loss: Above $173.50
SOL’s rally is facing its next major test—watch closely for breakout confirmation.