$SOL /USDT LONG TRADE SETUP
$SOL is currently trading at 168.41, showing a strong rebound after finding support near 166.01 and breaking above the recent consolidation high. The 7.08% 24h gain indicates strong bullish momentum in the short term, with the price testing the 24h high of 169.72. A successful break and hold above the 169.72 resistance could confirm a continuation of the upward trend.
Target Points
Based on recent chart movement and potential resistance:
TP1: 170.50 (Slightly above 24h high)
TP2: 172.80 (Next psychological and structural level)
TP3: 175.00 (Stronger psychological resistance)
Stop Loss
Set the stop loss below the significant support and recent swing low to limit downside risk:
Set stop loss below 165.50 (Just below the 166.01 low).
Buy and Trade here on $SOL
