$SOL Surge Nears Critical Resistance — Will Bulls Smash Through $167.50?
$SOL/USDT is trading at $166.60, maintaining bullish momentum after a sharp climb from the $157 zone. Price action is now consolidating below the key resistance at $167.50, where buyers previously struggled to break higher. With positive structure and strong volume support, the next decisive move may come soon.
Key Technical Zones
• Resistance Zone: $167.50 – $168.00
If bulls manage a breakout above this zone with volume confirmation, $170–$175 could be next on the radar.
• Support Zone: $165.80 – $163.50
A rejection and break below this level may expose $161.30 and possibly the $159 liquidity pocket.
Trade Setup
Bullish Bias
• Entry: Above $168.00 (confirmed breakout on 15M/1H close)
• Target 1: $170.00
• Target 2: $174.00
• Stop Loss: Below $164.50
Bearish Bias
• Entry: Below $163.50 (clean breakdown from support)
• Target 1: $161.30
• Target 2: $159.00
• Stop Loss: Above $166.60
Price compression under resistance often leads to strong directional breakouts. If $SOL flips $168 cleanly, the next rally could be fast and aggressive. Stay cautious but ready.
