🚀 $SOL Technical Analysis April 20, 2025: Bulls Take Charge❗
📊 Market Insight
🔍 Current Price $141.01
Solana $SOL has broken through the $136 resistance level after multiple failed attempts. This breakout shows strong bullish intent.🔥
If $SOL holds above the $136–$137 zone, next targets could be $150 and $180. The overall crypto market sentiment supports this move.📈
📊 Important Levels to Watch
🔼 Resistance Levels:
$142.00 (immediate resistance)
$145.00 (stronger resistance level)
🔽 Support Levels:
$136.20 (key psychological support)
$126.78 (lower support level)
$SOL Potential Bullish Targets (if resistance breaks):
🎯 $142.00
🎯 $145.00
🎯 $150.00
Important Support Levels (if support breaks):
🛡️ $136.20
🛡️ $127.00
💡 Trade Plan:
🐂Bullish Trade Setup:
☑️ Entry Zone: Above $142.00 (break out confirms)
🎯 Final Target:
TP 1: $145.00
TP 2: $150.00
🛑Stop-Loss: Below $136.20
🐻 Bearish Setup 1:
✔ Entry Point: when level $136.2 cracks with strong selling pressure
🎯 Price Targets:
$127.00 (first downside level)
$124 (extended drop)
🛑 Stop-Loss: Above $137
🐻 Bearish Setup 2:
✔ Entry Point: when the price is rejected at resistance level 145.
🎯 Price Targets:
$140.00 (first downside level)
$127 (extended drop)
$124 (deep correction)
🛑 Stop-Loss: Above $147
⚠️ Quick Tips:
- Avoid panic buys during the uptrend. Wait for the pullback to have a better setup for Long position.
- Watch that $136–$137 level. A confirmed breakout with volume could offer a good setup. Always manage your risk.
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