$SOL BULLISH CONSOLIDATION BEFORE POTENTIAL BREAKOUT

Current Price: $153.76

24h Change: +1.61%

Timeframe Analyzed: 1H & 4H

KEY LEVELS TO WATCH:

Resistance Zone:

$154.50 – Immediate Resistance

$155.00 – Breakout Zone

$158.00 – Next Bull Target

Support Zone:

$151.40 – Strong Support

$149.00 – Key Daily Low & Demand Zone

TRADE SETUP – LONG ENTRY

Entry: $152.50 – $153.80 (Ideal on pullback or breakout confirmation above $155.00)

Targets (TP):

TP1: $158.00

TP2: $162.50

TP3: $168.00

Stop Loss (SL): $149.00 (below key support & daily low)

Trade Rationale:

SOL is holding above key support at $151.40, with strong volume and steady higher lows. Price action suggests a bullish accumulation phase, and a clean break above $155.00 could ignite another impulse wave up.

RISK MANAGEMENT

Never risk more than 1-2% of total capital

Stick to SL/TP plan – no FOMO

Ensure minimum 2:1 risk/reward ratio

Let the trend be your friend – SOL still has fuel!

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