$SOL
usdt Consolidation setting up for the next leg up
Current price :$179.90
$SOL is trading around $179 maintaining a bullish market structure with consistent higher lows and strong support below.
The price has held above the key $175 level, which previously acted as resistance โ now acting as solid support (bullish signal).
The overall trend is positive, with momentum indicators supporting continued upside.
Key Levels:
๐ฝ Support:
$175 โ Immediate support zone
$168โ170 โ Strong support + previous breakout area
$162 โ Major support and invalidation point
Resistance
$186 โ Local resistance
$192 โ Next breakout target
$198 โ $205 โ Strong resistance zone for profit-taking
โ Long Trade Setup (Swing)
Entry Zone: $177 โ $180
Targets:
TP1: $186
TP2: $192
TP3: $198
TP4: $205
Stop Loss: $168 (below strong support)
๐ก Tips:
1. Enter in parts โ scale in between $177โ180 instead of full entry at once.
2. Watch BTC closely โ if BTC is stable or rising, SOL usually outperforms altcoins.
3. Volume confirmation โ breakout above $186 should come with rising volume to hold gains.
#SOL is maintaining strong bullish momentum above $175. With higher lows forming and volume supporting the uptrend, the price is primed for a move toward $186โ192. As long as it stays above $170, bulls remain in control.