$SOL /USDT – 4H Trade Setup
#Solana is currently down around 2.57% for the day, pulling back from a recent high of $170.35. Price is nearing short-term support between $159 and $160. Volume remains high, suggesting a potential rebound if buying pressure returns.
Entry Zone:
$159.50 to $163.50 — ideal area to accumulate near 4H support and previous price congestion
Targets:
Target 1: $169.30
Target 2: $172.90
Target 3: $175.70
Stop Loss:
$158.00 — placed just below the 24-hour low and key support
Key Levels:
Support: $159.20 / $162.00
Resistance: $169.30 / $172.90 / $175.70
Pivot Level: $163.80
Note:
If #SOL holds above $159 and volume remains strong on the 4H chart, a move toward $170 and beyond is likely. A candle close above $165.50 could be an early sign of bullish momentum building.
