📉 SOL/USDT – SHORT-TERM TRADE STRATEGY
Current Price: $161.31
📊 Market Overview:
Solana recently faced resistance around the $165–$168 range and is currently trading slightly below it. The 4H chart shows signs of minor correction after an extended bullish run. If momentum weakens, a retracement to support levels is likely before the next leg up.
📌 Trade Setup (Short-Term Swing):
🔹 Buy Entry Zone: $157 – $160
🔹 Target 1: $167
🔹 Target 2: $172
🔹 Stop Loss: $153
🎯 Alternative Setup (Short Bias if breakdown happens):
🔸 Short Entry: Below $155
🔸 Target 1: $148
🔸 Target 2: $142
🔸 Stop Loss: $159
💡 Pro Tip:
Wait for confirmation candles near support/resistance. If SOL holds above $160 and breaks $168 with volume, it could trigger another bullish breakout.
🧠 Thoughts? Will SOL hit $172 or retest $148 first?
Drop your opinion in the comments!
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