$SOL Ready for another increase - Buy zone test in progress!

SOL

172.24

-0.03%

Solana has clearly broken the consolidation range and is now retesting the previous resistance that has turned into support around $171. This is a classic bullish testing pattern where the price dips slightly to check the structure before a potential continuation move. Recent pullbacks show signs of strength as buyers firmly hold the area.

Trade setup: • Entry: $171

• TP1: $178

• TP2: $185

• TP3: $189.5

• Stop Loss: $164.2

With the market structure favoring the bulls, Sol is preparing to make a new push towards the $189 area. If support holds at $171, bullish momentum could accelerate. Traders watching for a continuation of the breakout may consider entering at current levels for a favorable risk-reward setup.

#sol #solana #SolanaStrong $SOL