Solana ($SOL) is showing strong bullish momentum, currently trading at $173.62, getting closer to the 24-hour high of $175.66. The steady uptrend suggests that if SOL can break and hold above $176, we could witness a strong breakout towards $180+. Increasing volume indicates that traders are accumulating, hinting at a potential price surge. However, failure to break through the resistance could lead to a pullback to $170-$168, where buyers may look for re-entry.
📊 Key levels and trade setup:
🔺 Resistance level: $176 – A breakout could push SOL towards $180 and $185.
🔻 Support: $172 – A drop could test $168 as the next demand zone.
💡 Trade idea: If $176 becomes the support level, expect a strong bullish surge. However, a rejection could signal a short-selling opportunity down to $170-$168.
🔥 Traders, stay alert! Solana is at a critical moment and the next move could be VERY BIG. Set alerts and be ready to act.🚀
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