#SOL/USDT📉 : Bullish mind???
📌 Chart Highlights & Patterns
1. Inverse Head & Shoulders
A classic bullish reversal formed on the 4‑hour and daily timeframes, with a neckline around $160–161 .
Volume spiked on the breakout, confirming momentum .
2. Short-Term Range & Wedge
Price is consolidating within a descending wedge between $154–160, with support at $142–145 .
3. Long-Term Support Trends
SOL remains above a multi‑year ascending trendline, reinforcing the bullish macro structure .
🔮 What’s Next?
🔺 Bullish Breakout
A decisive daily close above ~$160–161 with strong volume likely targets $170–180, and could even aim as high as $183–192 per recent projections .
🔻 Range Rejection
If $160 resistance holds, a pullback may take SOL to $154–155, then down to $142–145 for another retest .
🟢 Confirmation & Setup
Ideal: breakout above $160 on volume → retest → entry targeting $170+.
Stop-loss zone: below $154 on failed breakout or $142 on deeper range.
📝 Short Post Version
🚀 SOL/USDT Chart Update
Key patterns forming, watch closely:
🔹 Inverse H&S breakout pulling above ~$160 → signals next wave to $170–180+
📉 Descending wedge between 154–160 — break above or drop below to confirm direction
🛡 Strong long-term trend support still intact
⚡ Bullish Trigger: Daily close >160 on volume → target 170–180 (upside to 192 possible)
📉 Risk: Rejection → drop back to 154–145 support
Stay alert — next move hinges on $160.
