$SOL /USDT Trade Setup
Market Insight:
$SOL is currently consolidating near the Bollinger Band midline (~$163.82), following a volatile range between $159.49 and $168.18 in the past 24 hours. Short-term sentiment appears neutral with slight bearish pressure.
Entry:
💰 $162.50 – $164.00 (preferably closer to $162.50 near lower Bollinger Band for better risk-reward)
Targets:
🎯 Target 1: $166.00 (upper BB resistance)
🎯 Target 2: $168.50 (recent swing high)
🎯 Target 3: $172.00 (psychological and technical resistance)
Stop Loss:
🛑 $159.00 (below recent 24h low and Bollinger Band bottom)
Key Levels:
Support: $159.50 / $155.50
Resistance: $166.00 / $168.50 / $172.00
Pivot: $163.50 (mark price + BB midline)
Pro Tip:
Watch for volume spikes and MACD crossover on the 1H/4H chart. A break above $168.50 with strong volume could trigger a trend continuation toward $175+. However, rejection at upper BB ($166.39) may signal another pullback—adjust your stop to breakeven if Target 1 hits.
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