SOL/USDT – Strong Bullish Momentum with Mild Pullback

Pair: SOL / USDT

Exchange: Binance

Timeframe: 1D (Daily)

Signal Type: 📈 Bullish Continuation Setup

📊 Technical Snapshot

Current Price: $179.52

Daily Change: -2.30% (small red candle after strong rally)

Volume: 1.88M

Resistance Zone: $185–$200

Support Levels: $165, $150, $130

🧠 Setup Breakdown

SOL broke out strongly from a multi-week consolidation (~$140–$160).

Clean upward trend with consistent higher highs and higher lows since early April.

Minor pullback today suggests cooling after stretch to $180+.

Volume has been increasing steadily during the move — a bullish sign.

📝 Trade Strategy

Option 1 – Buy the Pullback

Entry Zone: $165–$170

Stop Loss: Below $150

Target 1: $200

Target 2: $220

Risk/Reward: Favorable (especially if retest at $165 holds)

Option 2 – Momentum Breakout

Entry: Daily candle close above $185 with volume >2M

SL: Below $170

TP1: $200

TP2: $240–$250

📌 Signal Summary

Type: Bullish Continuation / Breakout Retest

Status: ✅ Active Watch – Enter on retrace or breakout confirmation

Confidence Level: ⭐⭐⭐⭐☆

Trend is up, momentum is strong, but patience needed for safer entry after breakout or support retest.