$SOL Facing Resistance – Major Move Incoming?
SOL is trading at $149.09, stalling just below a key resistance point after a strong upward run. Buyers and sellers are in a tight tug-of-war, and a breakout or breakdown could spark the next big move.
Key Levels to Watch:
Resistance: $150.00 – A clean break above may lead to further upside.
Support: $148.50 – Losing this level could trigger a deeper pullback.
Trade Strategy – SOL at a Turning Point:
Bullish Scenario:
Entry on breakout above $150.00
TP1: $152.00
TP2: $154.00
Bearish Scenario:
Entry on drop below $148.50
TP1: $147.00
TP2: $145.50
Risk Management:
Keep stop-losses tight to guard against sudden volatility.
