⚡ $SOL /USDT – Testing Key Support After Intraday Dip!
Momentum Analysis: Solana is down -1.46%, currently trading at $156.39, with intraday rejection near the $161.51 resistance. However, high 24h volume (2.80M SOL / $436.06M USDT) signals active market participation. Price action is tightening near a critical support zone.
Long Setup:
Entry Zone: $153.00 – $156.00
Targets:
T1: $158.90 (minor resistance)
T2: $161.50 (24h high)
T3: $164.80 (next breakout level)
Stop Loss: $151.80 (below recent low)
Breakout Confirmation Level: $158.90
Key Support: $152.35 and $151.80
Pro Tip: If SOL holds above $153 with a strong 4H close, expect potential upside toward the $164 range. Watch volume for confirmation and avoid chasing in thin liquidity spikes.