$SOL /USDT – BULLISH BREAKOUT ANTICIPATION
Current Price: $142.03
24h High / Low: $144.21 / $137.14
Volume (24h): 2.63M SOL | $371.49M
Trend: Consolidation with bullish pressure building up near resistance
🔍 Technical Overview
Solana ($SOL) is showing signs of bullish consolidation just under the $144 resistance zone. After bouncing from the $137 support, price action is tightening, forming higher lows — indicating buying interest.
📌 Key Levels:
Resistance: $144.20 (major breakout level), $147.50 (next target)
Support: $137.00 (recent low), $134.50 (critical support)
Current Price: $142.03
📈 Trade Setup: LONG
Entry: On confirmed breakout above $144.50
Targets (TP):
TP1: $147.50
TP2: $151.00
TP3: $155.00
Stop Loss (SL): $139.00 (below recent consolidation zone)
🛡 Risk Management: Risk only 1-2% of your capital. Position size according to SL range (~$5). Wait for volume confirmation on breakout to avoid false moves.
🚨 Note:
If $SOL fails to break $144 and closes below $137, expect short-term bearish retracement to $132–$130 support. Adjust strategy accordingly.
Stay disciplined. Trade the trend, not the noise. 🔥
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