$SOL /USDT – 1H Technical Analysis

SOL is currently trading at $173.14, showing signs of short-term consolidation after rejecting from the $178 resistance zone.

📉 Entry Zone: $170–$172

📈 Take Profit Targets:

• TP1: $178 (Recent swing high)

• TP2: $182 (Resistance zone)

• TP3: $185+ (On strong breakout with volume)

🛑 Stop Loss: Below $168 to protect against downside risk.

📊 Indicators:

• RSI(6): 38.52 – Approaching oversold territory

• MACD: Bearish crossover, watch for momentum shift

• Bollinger Bands: Price near mid-band, with potential to bounce off support

⚠️ Risk Management is key — wait for confirmation at support before entry.

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