$SOL /USDT BULLISH BREAKOUT BREWING – READY FOR A BIG PUSH ABOVE RESISTANCE!
Solana is coiling up in a classic ascending triangle pattern, signaling a potential explosive breakout! Price is currently holding around $133.98 and pushing against horizontal resistance with strong ascending support. A breakout above the $134.20 level can ignite a strong bullish wave toward higher resistance zones.
TRADE SETUP (LONG):
Entry: $134.50 (after breakout confirmation)
Targets (TP): $138.00 / $141.50 / $144.00
Stop Loss (SL): $132.50
KEY LEVELS:
• Support: $132.50
• Resistance: $134.20 (breakout zone), next major resistance $144.00
MARKET OUTLOOK:
Momentum is slowly building on the bullish side with higher lows forming. If $SOL breaks and holds above the resistance, it can rally quickly into the mid $140s region. Eyes on the volume—confirmation is key!
RISK MANAGEMENT:
Risk 1-2% per trade. Wait for candle close above resistance to avoid false breakout. Trail SL once in profit.
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