$SOL /USDT BULLISH ANALYSIS: SOL SET FOR ANOTHER LEG UP AFTER BREAKOUT!
Current Price: $190.80
24H High: $192.99 24H Low: $177.80
Technical Overview:
Solana ($SOL) is showing strong bullish momentum after breaking out from a consolidation zone. The price is forming higher lows and facing minor resistance at the $193-$195 zone.
Key Levels:
Resistance:
🔺 $193 – Minor resistance (near-term breakout level)
🔺 $200 – Psychological round number & next key resistance
Support:
🔻 $188 – Local support from previous structure
🔻 $182 – Strong support (recent low & bounce area)
Trade Setup – Long Entry:
Entry Zone: $190.00 – $191.50
Take Profits:
TP1: $195
TP2: $199
TP3: $205
Stop Loss: $186 (below last support & invalidation of breakout)
Risk Management:
Use 2-3% of capital per trade
Always maintain risk/reward ratio ≥ 1:2
Adjust SL to breakeven once TP1 is hit
Conclusion: $SOL is showing strong bullish signals with increasing volume and breakout potential. Eyes on $195–$200 for continuation. Stay alert and trade with discipline!
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