$SOL Trading Setup: Will Solana Break $150? 🚀
The price of $SOL (Solana) is currently consolidating, showing strong buying interest near the $133.00 support level. This is a critical area, and holding this price could launch $SOL towards the major psychological barrier of $150.
📈 The Trade Setup (SOL/USDT)
Action Price Level Significance
Entry Zone $133.50 – $135.00 Buy opportunity on a local pullback
Stop Loss (SL) 🛑 $129.50 Strict exit point. Daily close below this level indicates a major downtrend.
Take Profit 1 (TP1) $140.50 First resistance target
Take Profit 2 (TP2) $148.00 Next Major Resistance Zone
🎯 Key Analysis
$SOL’s structure remains bullish on the higher timeframes. As long as the $129.50 support holds firm, we anticipate continuous upward pressure, targeting a breakout above $150.
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