Current Price of Solana (SOL): $152.88 USD

📌 Why Take an Entry?

SOL recently bounced from the $147–148 support zone, forming a potential double-bottom pattern with rising volume—indicating bullish momentum. Fundamentally, Solana continues to gain adoption, with growing institutional interest and ongoing network upgrades.

1️⃣ Base Case Entry

Entry: $153.00 (breakout above resistance around $152.85)

Why: Confirms continuation of the uptrend from recent support

Stop-Loss: $148.00 (below support zone to minimize downside risk)

Take-Profit: $160.00 (next key resistance and round number)

2️⃣ Aggressive Entry (on strength)

Entry: $157.50 (if price reclaims $157–$158 zone)

Why: Momentum build-up and moving average flip

Stop-Loss: $152.00 (below breakout level)

Take-Profit: $170.00 (major resistance zone)

🛡️ Stop-Loss Explanation:

Stop-losses are placed just below recent support or breakout levels to protect against trend failure and market reversals, ensuring manageable risk.

$SOL