Solana is gaining momentum, up +3.05% with strong volume behind the move (2.66M SOL / $418M USDT). Itโs holding above the critical $153 support, showing solid buyer interest. A clean retest of the $156 โ $158 zone or a confirmed 1H candle close above $158.50 could open the doors to an explosive bullish breakout. Momentum is building, and a push above the $159.34 24H high could accelerate the rally.
Entry: Look to enter between $156 โ $158 on confirmation (bullish retest or breakout above $158.50).
๐ฏ TP1: $160 โ Key psychological resistance ๐ฏ TP2: $162.50 โ Next major liquidity zone ๐ฏ TP3: $165 โ Breakout extension and high-probability profit zone
Stop Loss: Place at $153.20, just under the 24H low to protect against shakeouts.
Exit Strategy: If SOL closes below $155 on 1H or loses momentum below $153.20, exit early and reassess. Watch for weak RSI or volume divergence on lower timeframes.
Risk Management: Stick to 1-2% risk per trade. Let the chart do the talking, not emotions. Use trailing stops once TP1 hits for a stress-free ride up.
๐ธ Follow me and letโs send SOL straight to the moon! ๐๐๐
Trade here ๐๐ป $SOL
#solana
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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