$SOL

📊 #SOL/USDT at a critical moment – Continued rise or upcoming retracement?

Solana is testing key levels amid strong market interest! Here’s what traders are observing:

Key Levels:

✅ Support: $140 (previous resistance flipped)

✅ Resistance: $160 (breakout signal)

Technical Signals:

• RSI near 60 (room for an increase)

• Trading volume rising on the 4H chart

• Strong developer activity (network growth)

Potential Scenarios:

1️⃣ Surpass $160 → Rally towards $180

2️⃣ Rejection → Retest support at $140

3️⃣ In range → Accumulation phase

What’s your strategy?

🔥 Long above $160 with stop at $155

🔄 Short-term scalp trades

💎 DCA for long-term Web3 bet

Where do you see SOL heading next? Leave your analysis!