$SOL /USDT – BULLS DOMINATE AS SOLANA SURGES TOWARD $160 RESISTANCE!
Current Price: $157.00
24H High/Low: $157.41 / $144.22
Volume (24H): 3.64M SOL / 549.88M USDT
Key Levels:
Immediate Resistance: $158.00 – $160.00
Next Resistance: $165.00
Major Resistance Zone: $172.00
Support 1: $152.00
Major Support: $144.00
$SOL /USDT is showing strong bullish momentum, up over 7% on the day. After bouncing from $144 support, price has pushed up steadily, currently challenging the $158–$160 resistance zone. Volume is strong and structure on the 1H chart suggests further upside if $160 breaks with conviction.
Trade Setup (LONG):
Entry: $157.50 – $160.00 (on breakout confirmation)
Targets (TP):
TP1: $165.00
TP2: $172.00
Stop Loss (SL): $151.00
Alternate Setup (SHORT):
Entry: $159.50 – $160.00 (if clear rejection)
Targets (TP):
TP1: $152.00
TP2: $144.00
Stop Loss (SL): $162.50
Market Outlook:
#Solana is showing renewed strength, outperforming many top-layer 1s today. If bulls break above $160, we could see continuation toward the $165–$172 range. A failure at this resistance, however, may lead to a healthy pullback toward key supports.
Risk Management:
Stick to 1-2% risk per trade, use stop losses, and avoid overtrading volatile breakouts. Confirmation is key before entries.
#SolanaAnalysis #CryptoTrading #BinanceSetup #NextMoveCrypto
