š **SOL/USDT Spot Analysis**
š Date: 18 July 2025
š Exchange: Binance | TF: 1D
š¹ **Current Price:** \$178.08
š¹ **Key Zone:** \$115 - \$195 (Strong Accumulation/Distribution Range)
š¹ **Resistance Breakout Expected:** Above \$195
š¹ **Target:** \$344+ (Projected 106% Gain from Breakout)
š¹ **Chart Pattern:** Multiple Rejections from Horizontal Resistance š, Accumulation Structure at Bottom š
š¹ **Next Move (Expected):**
Price may retest the horizontal support zone (around \$150-\$160) and then break out for a potential **parabolic move** towards \$340+.
š§ **Market Insight:**
SOL is showing signs of long-term consolidation, with multiple bounces from the same horizontal zone, indicating strong buyer interest. If price successfully retests the neckline and holds support, a major bullish breakout is likely.
š **Support Levels:**
* \$160
* \$130
* \$100
š **Resistance Levels:**
* \$195 (Major Breakout Point)
* \$230
* \$340 (Target Zone)
ā ļø **Note:** Always use proper risk management. DYOR before investing.