Hey SOLdiers!
🔹SOL just bounced off a key support zone and is showing signs of strength. After a sharp move to $180, it's now consolidating around $172 — and this might be the calm before the next storm.
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Why SOL Might Be Gearing Up:
🔹Support Holding Firm: Price bounced off ~$169.35 and is maintaining above $172.
🔹Volume Activity: USDT volume at 656M shows serious market participation.
🔹RSI (6): Sitting at 46 — cooling off and preparing for another leg up?
🔹MACD Reversal Brewing? Histogram and lines are flattening, indicating possible momentum shift.
🔹Recent High: $180.26 — and we’re only 4% away from retesting it.
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Chart Talk:
🔹Holding the 172–173 range is crucial — a breakout above $176.60 could open the door to $185–$190.
🔹Watch for a retest of the recent high at $180.26. Break that, and we’re flying.
🔹AVL line at 172.08 suggests bulls are defending this territory well.
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My Strategy (NFA):
🔹Buy Zone: $171–$173 for risk-tolerant entries.
🔹TP: $180 short-term, $185–$190 mid-term.
🚨SL: Below $167 to manage downside.
If you want to Buy quickly here: $SOL
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Final Words:
SOL is one of the strongest Layer 1 contenders — and with solid volume, bullish chart structure, and growing network activity, this consolidation could be your opportunity.
Eyes on the breakout. Plan it. Trade it. Ride it.
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