#MarketRebound
$SOL/USDT: Bulls Take Charge – Breakout in Play
Solana has decisively broken above its recent consolidation range and is now retesting the $148–$149 zone as new support, signaling strong bullish intent. A surge in volume and momentum suggests SOL may be gearing up for a move higher.
Trade Setup (Long):
Entry: $149.00–$149.50
Targets:
• TP1: $156.00
• TP2: $161.00
• TP3: $165.80
Stop Loss: $144.40
Market Outlook:
SOL is forming a textbook bullish flag breakout. Holding above $147 keeps the bullish bias intact. A clean break above $150.50 could trigger a rally toward the $160s.
Risk Management:
Allocate only 2–3% of your trading capital. Stick to the stop loss and consider taking partial profits at each target to manage risk effectively.