$SOL Eyes the Sky – A Calm Before the Next Breakout?
$SOL is trading at $166.95 after a healthy pullback from the recent high of $169.93. The 1H chart shows a textbook bullish structure with strong demand around the $162–$164 zone. With momentum still favoring buyers and a potential higher low forming, SOL might be gearing up for its next leg upward.
📈 Long Trade Setup
Entry Zone: $165.50 – $167.00
Support: $161.50
Resistance: $170.00
Targets:
• TP1: $170.80
• TP2: $173.20
• TP3: $176.00 (final target)
Stop Loss: Below $161.00
Market Insight:
SOL’s short-term dip is showing signs of buyer interest returning. A bounce near $166 with increasing volume could signal a breakout attempt toward $170+. Watch for a strong candle close above $168 to confirm momentum shift. Great opportunity for both spot and futures traders.