#MarketPullback

$SOL Let’s break down the technical analysis (TA) of the SOLUSDT (Perp) chart you shared (4h timeframe):

🔎 Chart Observations:

Current Price: 184.57 USDT

Recent Trend: After peaking near 208–210, price corrected down to ~175, bounced, and now consolidating around 184–185.

Support Levels:

Strong support around 175–177 (recent low).

Next support around 165.

Resistance Levels:

Immediate resistance near 190.

Stronger resistance at 200–205.

Volume: Decreasing volume on the bounce = buyers not very strong yet.

📈 Trading Plan (4H Swing Trade):

✅ Long (Buy) Entry Idea:

Entry Zone: 182–185 (current price is within zone).

Take Profit (TP):

TP1 = 190 (short-term resistance)

TP2 = 200–205 (major resistance zone)

Stop Loss (SL): 174 (below key support).

❌ Short (Sell) Entry Idea:

If price rejects at 190–192, a short entry can be considered.

Take Profit (TP): 177–180.

Stop Loss (SL): Above 195.

⚠️ Notes:

Since the chart is on 4H timeframe, expect moves to take 1–3 days to play out.

$SOL #

Market is sideways/volatile, so trade with proper risk management (1–2% risk per trade).

If you want higher probability, wait for a clear breakout:

Above 190 for bullish confirmation.

Below 175 for bearish continuation.