š„ $SOL /USDT 4H Trade Setup
Market Insight:
$SOL is currently trading at 173.79, almost flat at +0.09%. It is sitting on the MA(25) and just below the MA(7), indicating a possible consolidation phase. The broader trend remains bullish with MA(99) well below at 166.01 and strong support seen near 168ā171.
šÆ Entry Zone:
171.50 ā 173.00
(Support range between MA(25) and previous demand)
šÆ Targets:
Target 1: 178.20
Target 2: 183.00
Target 3: 189.50
š» Stop Loss:
167.50 (Below recent lows and just under MA(99))
š§ Key Levels:
Resistance: 175.40 / 178.19 / 183.00
Support: 171.79 / 168.19 / 164.58
Pivot: 173.79
š” Pro Tip:
If SOL holds above 173.00 and reclaims MA(7) at 174.70, it may make a quick move toward 178.00+. Monitor for a bullish engulfing or strong volume candle near entry zone for confluence. Consider scaling in rather than a full entry.
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