Is $SOL About to Break Out? | Key Levels to Watch This Week
📈 After a strong correction, Solana ($SOL ) is forming a potential bullish flag on the 4H chart. Here's what traders and investors should know:
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📊 Technical Overview
Support: $133 (holding well after multiple retests)
Resistance: $144 (breakout target)
Volume: Increasing slightly on upswings—momentum building?
🕵️ If $SOL closes above $144 on the 4H chart, we could see a short-term breakout toward $158–160. However, if it breaks below $133, we may revisit the $125 zone.
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🔍 On-Chain Insight
Daily active wallets are up 📈 12% in the past week.
Staking participation remains above 70%, showing long-term holder conviction.
Network fees have stabilized—a bullish sign for consistent usage.
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🚀 Narrative Boost
Solana is riding momentum from the AI token ecosystem and DePIN growth. $JITO and $PYTH are gaining traction, reinforcing Solana’s real use cases beyond memecoins.
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🛠️ Trade Idea (Not Financial Advice)
If you’re bullish:
Set a limit buy near $134–$136
Place stop-loss at $129
Target zone: $158–160
Do you think Solana will reclaim $160 this month? 💬 Drop your chart, thoughts, or price prediction below!
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