$SOL Consolidating Near Resistance, Ready for Next Move? 🚀
On the 4h timeframe, $SOL is currently trading at $147.40, showing a slight positive movement of +0.47%. The 24h high is $147.91, and the trading volume is 1.42M SOL and 208.17M USDT. The price action indicates consolidation near a key resistance level.
✅ Key Observation:
#sol is consolidating near the $147.91 resistance, suggesting potential for a breakout or a pullback.
Next Potential targets (if breakout occurs):
🎯 $147.91 (24h high - immediate resistance to break)
🎯 $149.50 (potential next resistance level)
🎯 $153.50 (potential further resistance level)
🎯 $157.00 (recent high - significant resistance)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $145.32 (potential near-term support level)
🛡️ $140.11 (stronger support level)
🛑 Stop Loss:
Consider setting a stop loss below the $145.32 support level to protect against a potential pullback.
Buy and trade here on $SOL