$SOL /USDT – Bullish Breakout Setup
SOL is trading at $204.14 (+5.44%) after a strong rebound from the $192.95 support level. Price action shows momentum building toward the $204.96 resistance, with increased trading volume suggesting potential continuation to the upside.
Trade Setup (Long):
Entry: $203.50 – $204.50
Take Profit 1: $206.00
Take Profit 2: $208.50
Take Profit 3: $211.00
Stop Loss: $200.00
Market Insight: With 7.18M SOL in 24h volume and bullish short-term moving averages (MA5 and MA10 trending upward), a breakout above $204.96 could confirm further gains toward the next resistance zones.