š SOL/USDT Daily Chart Update š
SOL is currently approaching a critical downtrend resistance line, hovering near $149.83 on the daily timeframe.
š¹ Resistance to Watch:
šŗ $154.20 ā A break and close above this level could signal a potential trend reversal and bullish breakout.
š¹ Key Support Levels:
š¢ $146.60 ā Immediate support
š¢ $147.00 ā Near-term defense line
š¢ $139.00 ā Strong structural support
š¢ $132.00 ā Major demand zone
šµļøāāļø Price is squeezing between resistance and support, indicating a possible breakout or breakdown soon. Keep an eye on volume and daily candle confirmation!
šØ A breakout above the trendline and $154.20 could open doors to higher targets. But rejection here might push it back toward lower support levels.