$SOL /USDTChart analysis and trade setup :

Key Observations:

Bullish Structure:

SOL is forming a higher low structure, indicating buying strength and accumulation.

The price is moving within a rising wedge pattern, with upward momentum.

Resistance Zone:

Strong horizontal resistance near $180–$182 range (marked with 'H' in the chart).

Multiple rejection points seen previously.

Support Levels:

Immediate support: $169.78 (green line).

Stronger support: $160 and $155 zone (previous swing lows).

EMA/MA Analysis:

Price is trading above both short-term (green) and medium-term (red) moving averages.

Moving averages are curling upwards – a sign of bullish continuation.

Volume & Momentum:

Volume appears to be gradually increasing with green candles gaining strength.

Trade Setup Idea:

Scenario 1 – Breakout Play:

Entry: On 4H candle close above $182 with strong volume.

Target 1: $188

Target 2: $195+

Stop Loss: Below $172

Scenario 2 – Pullback Entry:

Entry: Around $169–$170 if the price rejects resistance again.

Target: Revisit $180 area.

Stop Loss: Below $162

Bullish Confirmation Triggers:

Break and hold above $182

RSI crossing above 60–65

Strong bullish volume confirmation

Trade Here on $SOL