$SOL /USDT Trade Setup

Market Insight:

$SOL is currently trading at $165.19, up +2.60% in the last 24 hours. It has formed a higher low at $159.63, with a 24h high of $165.48, indicating strong upward momentum. The Parabolic SAR at $159.93 supports a bullish bias. Volume remains strong with 2.20M SOL traded, suggesting healthy market interest.

Entry Zone:

$162.50 ā€“ $164.20

This zone aligns with previous resistance now turned support. A dip into this range provides a favorable risk-reward entry.

Targets:

Target 1: $168.50

Target 2: $172.80

Target 3: $179.00

Stop Loss:

$157.30

Below this level, the bullish structure breaks, and it coincides with deeper support on recent timeframes.

Key Levels:

Support: $160.76 / $159.06

Resistance: $165.87 / $168.50

Pivot Level: $164.16

Pro Tip:

Watch for a breakout and close above $165.87 on strong volume ā€” this would confirm a continuation toward the $170+ zone. Use a trailing stop once above Target 1 to secure profits while staying exposed to potential upside momentum.

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