$SOL Bull Run: Is $165 the Next Stop After Breakout?
Current Price: $139+
Momentum: Strong bullish surge following breakout patterns
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Key Levels to Watch:
Support: $128, $122
Resistance: $145, $152
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Market Outlook:
$SOL has confirmed a classic inverse head-and-shoulders breakout after maintaining strong support around $95. The price action also shows a bullish cup formation in play, with accelerating momentum pushing past key resistance zones.
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Trade Setup:
Entry Zone: $134 – $139 (buy on pullback or breakout continuation)
Targets:
Target 1: $145
Target 2: $152
Target 3: $165
Stop Loss: $127
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Recommendation:
Look to buy dips near $134–$136, provided momentum stays strong. Watch for volume confirmation and higher lows forming on the 1H chart to validate bullish continuation.