$SOL /USDT SHOWS MIXED MOMENTUM – CONSOLIDATION OR REVERSAL SETUP?
$SOL is currently trading at $154.14 (+2.23%), after a volatile session between the $158.93 high and the $150.68 low. The price recently formed a short-term bounce but is struggling to break above the $155–$156 resistance area on the 15-minute chart.
Why Neutral Bias?
The price action shows signs of consolidation after a steep drop, followed by range-bound candles with lower wicks — indicating buyer interest, but no confirmed trend reversal yet. Bulls must reclaim $155.50+ with volume to initiate a new leg up. Until then, the structure remains choppy with no clear directional control.
Market Outlook:
If holds above $153.50 and breaks $156, price could push toward $158 again. However, failure to break this zone may send it back toward the $151–$152 range. Watch for volume spikes and candle closings above resistance before entry.
Risk Management Tip:
Sideways markets require patience. Avoid overtrading within the chop. Set alerts near $156.30 and use tight SLs if playing breakout scalps.
Trade smart — sideways action needs clarity before commitment!
No breakout, no trade — let the chart tell you when it’s time.
