Solana ($SOL ) – Breakout in Progress!
Solana ($SOL ) is showing strong bullish momentum, currently trading at $144.31 (-2.61%). The price has bounced from a key support level and is now consolidating within a resistance zone.
Key Market Insights:
📌 Breakout Structure: SOL has surged from $128 support and is now forming a consolidation range around $144-$150.
📌 Potential Scenario: A breakout above $150 could lead to a strong rally toward $175-$180.
📌 Risk Management:
🔹 Support: $128
🔹 Stop-loss: $122
Conclusion: If SOL maintains this range and breaks out with volume, we could see a bullish continuation. Watch for confirmation before entering trades.
