🚀 $SOL Technical Analysis April 19, 2025: Still Consolidating - Key Levels for Next Move at $136.20❗
📊 Market Insight
🔍 Current Price $135.77
$SOL is currently consolidating within a defined range after a period of volatility.
📊 Important Levels to Watch
🔼 Resistance Levels:
$134.11 (immediate resistance)
$135.00 (stronger resistance level)
$136.13 (24h high)
🔽 Support Levels:
$130.00 (key psychological support)
$126.78 (lower support level)
$SOL Potential Bullish Targets (if resistance breaks):
🎯 $136.20
🎯 $140.00
Important Support Levels (if support breaks):
🛡️ $127.50
🛡️ $124.57
💡 Trade Plan:
🐂Bullish Trade Setup:
☑️ Entry Zone: Above $136.20
🎯 Final Target:
TP 1: $139.50
TP 2: $144.5
🛑Stop-Loss: Below $132.00
🐻 Bearish Setup:
✔ Entry Point: when level $130 cracks with strong selling pressure
🎯 Price Targets:
$126.78 (first downside level)
$124 (extended drop)
🛑 Stop-Loss: Above $131
⚠️ Quick Tips:
- Watch for a clear break above the resistance levels or below the support levels to determine the next significant price direction.
- Avoid panic buys
- Use DCA for smart entries
- Protect with Stop Loss
- Take profits gradually