$SOL – STRONG DEFENSE NEAR KEY SUPPORT LEVEL
$SOL /USDT is trading at $172.66 (-2.30%), hovering just above the key $170 support zone. Price remains stable near the MA(7) and MA(25), indicating a possible consolidation phase. While the overall structure is slightly bearish, a bounce from this zone could trigger a recovery.
TRADE SETUP (LONG IDEA)
• Entry: $170.00–$172.50
• TP1: $175.60
• TP2: $177.90
• TP3: $181.40
• Stop-Loss: $167.80
• Outlook: SOL is showing resilience above $170. A break and hold above $174.50 (MA99) could ignite short-term bullish momentum.
PRO TIP: Monitor BTC’s price action — SOL often mirrors BTC volatility during consolidation phases.
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