$SOL /USDT BULLISH SETUP – BUILDING STRENGTH FOR A MOVE ABOVE $168

Current Price: $163.54 (+0.82%)

24h High: $168.65

24h Low: $159.63

24h Volume: 3.87M SOL | $639.61M USDT

Category: Layer 1 | Exchange: Binance

Focus Timeframes: 1H & 4H – Breakout Watch

Key Technical Levels:

Resistance Zones:

$168.00–$168.65 – Immediate resistance (24h high & supply zone)

$172.00 – Next major upside target

Support Zones:

$161.50 – Minor support from previous structure

$159.60 – Strong support & 24h low

Technical Overview:

$SOL is holding strong above $160, consolidating just below a key resistance zone near $168. The price action on the 1H and 4H charts suggests a bullish pennant/ascending triangle, signaling that bulls may soon attempt a breakout.

RSI is hovering around 60, indicating room for further upside. MACD is flattening, hinting at possible coiling before a sharp move.

If SOL breaks and holds above $168.65 with volume, it could quickly push toward $172–$175.

Trade Setup – Long Position

Entry Zone: $162.50–$164.00 (on dip or breakout candle above $168)

TP1: $168.65

TP2: $172.00

SL: $159.00 (below 24h low & invalidation zone)

Risk Management Tips:

Risk only 1–2% of capital

Move SL to breakeven after TP1

Use trailing SL above $170 for extended gains

Conclusion:

$SOL/USDT is consolidating near a breakout zone with strong fundamentals and volume support. A move above $168.65 could ignite the next bullish wave. Smart entries on dips or breakout confirmation are ideal here.

SOLID LIKE SOLANA – WATCH FOR IGNITION ABOVE $168!

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