$SOL Bullish Breakout Building or Fake Push?
SOL is currently trading at $177.00, testing a horizontal resistance after a quick rebound from $173. With volume slowly increasing, all eyes are on the breakout zone.
Key Price Levels to Watch:
Resistance Levels:
• $177.50 – Immediate breakout level
• $179.80 – Short-term continuation zone
• $182.00 – Daily high and bullish breakout confirmation
Support Levels:
• $176.00 – Local support base
• $173.20 – Breakdown zone
Trade Setup – Key Reaction Expected Soon
Bullish Scenario:
A clear break above $177.50 could push SOL toward:
• Target 1: $179.80
• Target 2: $182.00
Bearish Scenario:
Failure to hold above $176.00 may lead to:
• Target 1: $173.20
• Target 2: $170.00
Price action is tightening near resistance—breakout or rejection is likely within the next few candles. Be ready.