๐ $SOL /USDT โ Layer 1 Giant Gaining Steam! +3.72% ๐ฅ
Solana ($SOL) is climbing again โ up +3.72% today with strong buy pressure and high volume backing the move. Could a breakout to $175+ be next?
๐ Market Snapshot
๐ Current Price: $168.55
๐ผ 24h High: $169.93
๐ฝ 24h Low: $161.13
๐ธ 24h Volume (SOL): 1.78M
๐ฐ 24h Volume (USDT): $294.90M
โ๏ธ Category: Layer 1 / High Volatility
๐ Chart Insight (4H/1D)
Price is holding above EMA & MA support
MACD trending upward โ bullish momentum
Resistance: $170 / $173.80
Support: $167.20 / $164.00
๐ฏ SOL/USDT Trade Setup
Bullish Scenario (Break and hold above $170.00):
Entry: $170.20
Targets: $173.80 โ $177.50 โ $181.00
Stop-loss: $166.90
Bearish Scenario (Rejection below $167):
Entry: $166.70
Targets: $164.00 โ $160.50
Stop-loss: $170.00
๐ง Technical Note:
Solana continues to show strength after recovering from the $160 zone. A clean break above $170.00 on volume could trigger a new short-term uptrend.
๐ฌ Are you long or short on $SOL right now?
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