$SOL – BREAKOUT OR FAKEOUT? WATCH THIS LEVEL CLOSELY! 🔍⚡

After a steady drop within a falling channel, $SOL just bounced sharply, piercing through resistance near $166.30 — and now it’s retesting that breakout zone!

What’s Happening: • Price rejected lower support near $164.84

• Broke out of descending channel

• Now retesting key resistance-turned-support around $166.30

• Eyes on bullish continuation toward $169.00!

Trade Setup:

• Entry Zone: $166.20 – $166.40

• TP: $169.00

• SL: $164.84

Pro Tip:

If this retest holds, $SOL could fuel a strong upside rally. But if $166 breaks again, expect short-term pressure.

Will SOL surge or sink? Keep your eyes on the next candle!

#Solana #Write2Earn #CryptoTrading #TechnicalAnalysis #BinanceTrades