$SOL /USDT – BULLISH BREAKOUT IN PLAY

Solana is showing strong bullish momentum as it pushes above key levels with increasing volume. The price is currently trading at $164.04 (+2.83%), signaling a potential breakout continuation!

KEY LEVELS TO WATCH:

Resistance:

$168.20 – Local high and breakout point

$172.00 – Major resistance zone if momentum continues

Support:

$159.50 – 24h low and short-term support

$154.00 – Key support in case of pullback

TRADE SETUP – LONG POSITION:

Entry: $164.00 – Current price

Targets (TP):

TP1: $168.20

TP2: $172.00

TP3: $176.50 (extended target)

Stop Loss (SL): $158.80 – Below recent support

Risk/Reward Ratio: ~2.5:1 (Attractive R:R for breakout traders)

RISK MANAGEMENT:

Risk only 1-2% of your capital per trade. Adjust position size based on SL distance. Stay disciplined and don’t chase entries!

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