Technical Summary: $SOL
current Price: $185.51 (+5.79%)
Breakout Zone: Above $183.70 (watch for 1H close)
Support: $179.00
Resistance: $183.70
Breakout Target Range: $185 – $192
Take-Profit Levels:
TP1: $187
TP2: $192
TP3: $198
Stop Loss: $177
Entry Zone: Current market price (around $185.50)
Risk/Reward Note:
A 1H candle close above $183.70 adds confidence to the bullish scenario. Entering at breakout or on pullbacks gives favorable risk/reward.
Tip for Traders:
Use trailing stop-losses if price crosses TP2 to secure profits while leaving room for extended upside.