$$SOL Next move🔥📈🚀
Current Price: $180.24
Fibonacci Levels in Focus:
0.382: $174.17
0.5: $170.93
0.618: $167.68
Recent Swing High: ~$184.68
Strong Support Zone: $170–$174
EMA (Blue line): Price is trading above the EMA, showing bullish momentum.
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✅ Bullish Signals:
1. Higher Lows + Breakout Structure:
SOL has formed a higher low around $157, then pushed past $174 resistance (now acting as support), and is approaching previous highs.
2. Strong Bounce From 0.5 Fib Level ($170.93):
Price respected the 0.5 retracement, showing bulls are defending this zone strongly.
3. Consolidation Before Breakout:
The recent sideways movement near $177–$180 followed by a bullish candle suggests accumulation before an upward move.
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📈 Next Possible Move:
Upside Potential:
If price holds above $177 and breaks $184.68, SOL could target:
$190–$195 (psychological and technical extension)
$200+ if momentum accelerates (possible mid-term target)
Downside Risk (if rejection occurs at $184):
Pullback to $174 (0.382) or $170 (0.5 fib) is possible.
Below $167.68 (0.618), short-term trend may shift to bearish.
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🧠 Conclusion:
> 📊 Bias: Bullish (as long as price stays above $170)
🎯 Short-term Target: $185 → $190
🛡️ Support to Watch: $174 / $170
❗ Invalidation: If price drops below $167