$SOL / USDT – Back Where It Belongs! 🔥
📍 Current Price: $166
Solana is back in action and climbing strong. It’s trading near its 24-hour high, showing some real bullish momentum.
🧠 What’s Happening on the 4-Hour Chart?
Here’s a simple breakdown of what’s going on:
1. Price Action: $SOL is around $166.42, right under its recent high of $167.58. Bulls are in control right now.
2. Breakout Alert: It just broke past $161.58 resistance with a big green candle — looks like the uptrend wants to continue.
3. Eyes on $168.65: That’s the recent peak. If SOL breaks it, we might see an even stronger rally.
4. Strong Volume: Over 3.77 million $SOL traded in the past day — real buyers are stepping in.
5. Support Zone: If SOL pulls back, watch the $157.60 – $161.58 range. Buyers may jump in again there.
6. Caution Flag: The order book shows a bit more selling than buying (about 54% sellers), so expect some resistance soon.
🎯 Trade Idea:
Entry: $169
Take Profits:
TP1: $168
TP2: $172
TP3: $175