🚀 $SOL Eyes the Sky – Is a Breakout Brewing?
$SOL is currently trading at $166.95, following a minor cooldown from its recent high of $169.93. The 1H chart paints a bullish picture, with strong demand seen near the $162–$164 support zone. A potential higher low is forming — hinting that SOL may be preparing for its next move upward.
📊 Long Trade Setup (1H):
• Entry Zone: $165.50 – $167.00
• Support: $161.50
• Resistance: $170.00
• Targets:
✔️ TP1: $170.80
✔️ TP2: $173.20
✔️ TP3: $176.00
• Stop Loss: Below $161.00
📈 Market Insight:
Despite the pullback, buyers appear to be regaining control. A bounce near $166 with rising volume could be the spark for a breakout beyond $170. A solid candle close above $168 may confirm the shift in momentum.
🔍 Ideal setup for both spot and futures traders looking to catch the next leg up.