$SOL | 1D ANALYSIS ๐ Trade Setup ๐ข
Bounced from support โ still in Uptrend, waiting for breakout
โช๏ธ Setup: Price held $160โ165 zone (200 SMA) and resumed Uptrend. Rejected again at $200 resistance. Ideal entries:
โโ Pullbacks to $160โ180 for safer buys
โโ Breakout above $200 opens path to $225 next
โช๏ธ Pattern: Pullback in Uptrend โ price testing support zones for continuation.
โช๏ธ Trend: Short-term Up, Medium-term Strong Up, Long-term Strong Up.
โช๏ธ Momentum: Neutral โ RSI mid-range, MACD bullish but inflecting.
โช๏ธ Support: $180 โ $160
โช๏ธ Resistance: $200 โ $225
Summary: SOL is consolidating between $160โ200. Buy dips into support or wait for clean breakout above $200 to ride momentum toward $225.
