$SOL /USDT
🔸 The critical support is located between $160–$162, aligned with the EMA 99 and the base of a descending triangle. SOL is currently trading around $162, staying just above that key technical support.
🔹 If it confirms a breakout and closes several candles above $167–$168 (for example, EMA7 / EMA25), ideally with reinforced volume (> 500 K SOL on the daily timeframe), it is most likely to aim for:
🎯 $175–$190 as a short-term target.
🔄 Extended target: $200–$220, with the potential to reach $300–$400 if it manages to break higher resistances and reactivate the bullish momentum accumulated last July/August.
⚠️ Warning: If it loses support below $162, especially on a daily close, it could fall to $153–$150 or even $133–$130 as a zone of technical capitulation.
✅ Should I buy back now?
If you have already taken profits near $162 or $167, the most prudent thing is to wait for a retracement towards $160–$162, or even down to $155–$158, as long as it shows clear support signals before re-entering.
📌 Current recommendation:
Action Condition to do it Target Stop-loss
✅ Buy Only if it breaks and confirms above $167–$168 with solid volume $175–$190 $162.00
🔁 Wait If it returns to the $160–$162 area (or retracement to $155–$158) with clear support $175–$190 (→ $200–$220) $150.00–$153
🎯 Extended target: $200–$220, with the possibility of reaching $300–$400 in an optimistic scenario with a breakout and renewed institutional flow.