$SOL HOLDING NEAR SUPPORT AFTER PULLBACK: CAN BULLS STAGE A COMEBACK?
$SOL/USDT is trading at $168.11, up +0.61% after bouncing off a daily low of $164.51. The pair is consolidating near a minor support zone, with bulls attempting to regain momentum following earlier weakness.
Key Price Levels:
• Resistance Zone: $169.20 – $170.60
• Support Zone: $167.60 – $168.00
Trade Setup:
Bullish Scenario:
• Entry: Break above $169.20
• TP1: $170.60
• TP2: $171.76 (24h High)
• SL: Below $167.60
Bearish Scenario:
• Entry: Below $167.60
• TP1: $165.40
• TP2: $164.00
• SL: Above $169.20
$SOL is sitting at a key level—watch closely for a breakout above $169+ or a breakdown below $167.60. The next move could dictate short-term trend direction.