$SOL SOLUSDT Technical Pulse – “Rally Paused, Breakout Brewing?”
Solana (SOL) saw a strong push toward $180.29, but has since pulled back slightly as bulls take a breather. Current price action suggests a pause before continuation or rejection, depending on volume and breakout direction.
---
Technical Overview:
Trend: Strong bullish structure remains intact. Price is well above all key EMAs (50/99/200) in 1H, 4H, and 1D timeframes.
Support Zone: $172.80 – $165.00 (with EMA200 near 173 on 5m and 1H)
Resistance: $176.00 – $180.29
MACD: Still positive on 1H; slightly weakening on 4H – indicating momentum is fading but not lost.
RSI: Currently around 57–77 in 1H/4H – slightly overbought, showing buyers still dominant but cautious.
Stoch RSI: Rebounding from oversold in 4H; high in 1H, showing potential for small pullbacks.
---
Short-Term Outlook:
If SOL breaks above $176.00 with strong volume → Potential retest of $180.29 and possibly $185.00.
If price breaks below $172.80 → Likely pullback toward $165.00–$160.00 support zone.
Scalper’s Note:
Long Setup: Entry $172.80–$173.20 | SL $170.00 | TP $176.00 & $179.80
Short Setup: Entry $176.00–$177.00 | SL $180.50 | TP $173.50 & $170.50
---
Conclusion: Solana is showing strength but needs a decisive push. Watch for volume confirmation on either side. Sideways structure favors scalpers and breakout traders alike.
