Analysis of trading currency #sol now ...
Key levels to watch
• **Resistance**: 178.00 – Breaking this level may confirm the continuation of the upward trend and open the way for new levels.
• **Support**: 174.00 – Breaking this level may indicate weakness and attract sellers.
Trading setups
**Bullish scenario**
If the price of SOL breaks the 178.00 level and closes above it, the following targets may be of interest:
- **First target**: 182.50
- **Second target**: 186.00
**Bearish scenario**
If the price fails to maintain support at 174.00, this may lead to:
- **First target**: 170.50
- **Second target**: 167.20
With gradually increasing volume, SOL enters a potentially critical breakout area. A strong move with high trading volume above resistance may enhance momentum, while rejection may lead to a temporary pullback. Traders should wait for confirmation and manage risks carefully.
