$SOL /USDT Perp – SIDEWAYS CONSOLIDATION AHEAD OF BREAKOUT MOVE
perpetual futures are trading at $146.63 (+0.02%), with a tight range between $147.00 (24h high) and $141.87 (24h low). The mark price is aligned at $146.64, showing consolidation near resistance. Volume is strong with 11.74M SOL traded, totaling $1.70B USDT in the last 24h.
Price is stalling just under key resistance, forming a potential breakout structure on lower timeframes. Bulls need sustained pressure above $147 for continuation.
Entry Zone: Above $147.20 with momentum
Target 1: $149.80
Target 2: $152.30
Stop-loss: $144.80
PRO TIP
Avoid premature long entries within a flat range. Wait for volume breakout above $147.2 with candle body close. Watch funding and order book flow to confirm breakout strength.