$SOL $SOL Technical Analysis April 17, 2025: Breakout Setup Forming! š„
š Market Insight
š Current Price $129.68
24H Range: $126.10 ā $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.
š Important Levels to Watch
š¼Resistance: $131.50 / $135.00
š½Support: $126.00 / $122.00
š” Trade Plan:
š Bullish Setup:
ā Entry Zone: $126.50 ā $128.50 (buy on dip or breakout retest)
šÆ Price Targets:
TP 1: $131.50
TP 2: $135.00
šStop Loss: $122.00
š” Pro Tip:
Watch the 15-minute chart ā a bullish engulfing candle or strong reversal pattern at $127ā$128 could be your go signal!
is coiling ā breakout could be next!