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$SOL L Ready to ignite, the whales are watching for a new peakโ๐๐
$SOL has regained its upward momentum after bouncing from the support area at $159.44. The price is currently moving within a consolidation range around $168.27, forming higher peaks and maintaining its position above the short-term moving averages. If the bulls manage to break through the resistance at $170.00, we may see a continuation of the upward wave.
Trade Setup:
Entry Area: $167.50 โ $169.00
First Target (TP1): $178.50
Second Target (TP2): $186.00 (Major Resistance Area)
Stop Loss: Below $164.00
With increasing trading volume and improving price structure, it seems that $SOL is fully primed for the next upward wave.
