🚀 SOL/USDT Trade Setup – Potential Breakout Zone Incoming!
Current Price: $163.7 | Range: $161 – $171 | Trend: Sideways with bullish MACD signal building
Key Levels to Watch
Immediate Resistance: $166
Major Resistance: $169 – $171
Strong Support: $161
Secondary Support: $158
Trade Plan
1️⃣ Long Setup:
Entry: $163 – $164 (early) OR above $166 (confirmed breakout)
Targets:
TP1: $166
TP2: $169
TP3: $171+
Stop-Loss: $161
2️⃣ Short Setup (if rejection happens):
Entry: Below $161 with volume
Targets:
TP1: $158
TP2: $155
Stop-Loss: $166.5
Technical View
MACD: Approaching bullish crossover
Volume: Low but showing signs of building momentum
Structure: Price consolidating after recent rejection at $171, preparing for next move
⚠️ Risk Management: Use 1–2% of capital per trade, wait for confirmation to avoid fake breakouts.
Do you see SOL breaking above $166? Or are we heading back to $158?
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$SOL