$SOL /USDT – 4H Trade Setup
Market Insight:
Solana is down -2.57% on the day, retracing from the recent high of $170.35. Price is approaching key short-term support around $159–$160, while volume remains elevated, indicating potential for a bounce if buyers step in.
🔹 Entry Zone:
$159.50 – $163.50
(Ideal accumulation zone near 4H support and price cluster)
🎯 Targets:
Target 1: $169.30
Target 2: $172.90
Target 3: $175.70
🔻 Stop Loss:
$158.00 (Below the 24H low and key support)
🔑 Key Levels:
Support: $159.20 / $162.00
Resistance: $169.30 / $172.90 / $175.70
Pivot Level: $163.80
💡 Pro Tip:
If SOL holds above $159 with strong 4H volume, a bounce toward $170+ is likely. Watch for a candle close above $165.50 as an early bullish trigger.
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