$SOL /USDT – Sideways After Spike! Range Play Ahead?
🔄 Solana saw a strong move to $175.19 but failed to hold gains and is now consolidating around $170.71. With volatility cooling, traders may look to range boundaries for short-term plays.
Trade Setup Idea (Range Play):
• Entry: $170.50–$171.00
• TP1: $173.80
• TP2: $175.00
• Stop Loss: $167.30
Why This Setup Makes Sense:
SOL has defined short-term support near $167.30 and resistance near $175. The current chop zone may offer bounce-retest opportunities, ideal for quick scalps or small-range swing trades.
Risk Note: Wait for confirmation before entering; a breakdown of $167.30 could trigger deeper pullbacks.
Trade the range smartly on $SOL!
