⚡ #Solana ($SOL) Consolidation Alert – Breakout Imminent? 🔍
Solana ($SOL ) is currently trading at $177.25, consolidating within a narrow range between $173 (support) and $179 (resistance) since yesterday. This tight price action suggests a potential breakout setup is forming.
---
🔧 Key Levels to Watch
Support: $173
Resistance: $179
📈 Breakout Scenarios
Bullish Breakout:
A confirmed move above $179 could target the next resistance levels at $184, $190, and possibly $200.
Bearish Breakdown:
A drop below $173 may lead to a decline toward $168 and $160.
---
💡 Trading Strategy
Consider waiting for a clear breakout above $179 for a safer long entry.
Alternatively, look for a bounce trade near $173 if support holds with strong confirmation.
---
Note: Always manage risk and use stop-loss levels based on your strategy. Tight ranges often lead to sharp moves — stay alert.
#SolanaStrong #CryptoMarket4T #ETHBreakout3.5k #AltcoinBreakout