๐ $SOL Technical Analysis April 17, 2025: Breakout Setup Forming! ๐ฅ
๐ Market Insight
๐ Current Price $129.68
24H Range: $126.10 โ $134
Despite slight cooling, $SOL is holding strong above $126 support. A bounce from the current zone with volume could re-ignite momentum toward $135.
๐ Important Levels to Watch
๐ผResistance: $131.50 / $135.00
๐ฝSupport: $126.00 / $122.00
๐ก Trade Plan:
๐ Bullish Setup:
โ Entry Zone: $126.50 โ $128.50 (buy on dip or breakout retest)
๐ฏ Price Targets:
TP 1: $131.50
TP 2: $135.00
๐Stop Loss: $122.00
๐ก Pro Tip:
Watch the 15-minute chart โ a bullish engulfing candle or strong reversal pattern at $127โ$128 could be your go signal!
โก $SOL is coiling โ breakout could be next!
