⚡️ $SOL /USDT – Solana Pressures Key Resistance
$SOL is trading at $153.70 (+1.58%), holding just below resistance at $153.77 with strong volume at $426.61M. Price action remains above crucial EMAs, signaling ongoing strength in the Layer 1 sector.
📈 Long Setup (Breakout Play):
🔹 Entry Zone: $153.50 – $153.80
🎯 TP1: $154.43
🎯 TP2: $154.63
🛑 Stop-Loss: $153.20
📉 Pullback Setup (EMA25 Retest):
🔹 Entry: Near $152.82
🎯 Target: $153.70
🛑 Stop-Loss: $152.50
🧠 Why I’m Watching $SOL:
Solana continues to lead the Layer 1 charge, pressing against resistance with a bullish market structure. NFT demand and rising on-chain activity support upward pressure. Tight price compression suggests a breakout is likely. 🚀