#Signal🚥.
#sol — current price: $183
Support: $180.00
Resistance: $186.00
LONG
TP1: $184.50
TP2: $188.50
TP3: $198.00
SL: $176.00
Justification:
– [Breakout Pullback]: SOL held the $180 mark and tested it again, now approaching the resistance at $186 — a potential entry signal on a strong breakout.
– Recent news boosts interest: applications for multiplicative ETFs for SOL have been submitted (meaning institutional interest is growing). Crypto News Australia
– Will the SEC approve a spot ETF? A decision is expected in October, and until then the market is shaken by expectations. Right now, ETF inflows are already putting pressure. AInvestBlockchain News
– Whale activity is increasing — network announcements, volume growth, and fluctuations make SOL a strong currency for trend strategies. AInvest
Conclusion:
If SOL breaks through and holds $186, we see good chances for TP1 (up to $184.5), and with a stronger move — TP2 and TP3. A stop at $176 protects against false breakouts and knockouts from supporting levels.
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