$SOL $SOL

#SOL/USDT ANALYSIS

SOL is currently consolidating inside an ascending triangle on the 1D chart, with price testing the horizontal resistance zone near $177.00

The Ichimoku Cloud below the price is supporting bullish momentum, indicating a potential breakout scenario.

A confirmed breakout above the horizontal resistance could lead to a strong bullish continuation. However, failure to break out may result in another retest of the ascending trendline support.

Stay patient and wait for a decisive breakout or rejection before entering a position.

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