$SOL USDT Perp Strategy
Market Insight: $SOL is trading at $162.50, down 0.87% in the last 24 hours. The price is in a short-term pullback after hitting resistance at $168.20. Volume remains strong with 3.58M SOL traded, indicating continued trader interest.
Entry:
š¹ Buy Zone: $158.50 ā $161.20
(Area of recent support with SAR support at $159.63)
Targets:
šÆ Target 1: $166.20 (intraday resistance)
šÆ Target 2: $168.50 (24h high and major resistance)
šÆ Target 3: $172.00 (breakout continuation level)
Stop Loss:
ā $156.00 (below ACE level & recent wick support)
Key Levels
Support: $158.50 / $156.00
Resistance: $166.20 / $168.50 / $172.00
Pivot Level: $163.64 (ACE midpoint)
Pro Tip
Watch for bullish confirmation near $159.50ā$160.50 (SAR + ACE clustering) with a bounce on volume. A move above $166.20 with momentum could trigger a breakout toward $172+. Reduce size if BTC/ETH show signs of weakness.
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