Trader Rai
--
Bullish
$SOL – BREAKOUT OR FAKEOUT? WATCH THIS LEVEL CLOSELY! 🔍⚡
After a steady drop within a falling channel, $SOL just bounced sharply, piercing through resistance near $166.30 — and now it’s retesting that breakout zone!
What’s Happening: • Price rejected lower support near $164.84
• Broke out of descending channel
• Now retesting key resistance-turned-support around $166.30
• Eyes on bullish continuation toward $169.00!
Trade Setup:
• Entry Zone: $166.20 – $166.40
• TP: $169.00
• SL: $164.84
Pro Tip:
If this retest holds, $SOL could fuel a strong upside rally. But if $166 breaks again, expect short-term pressure.
Will SOL surge or sink? Keep your eyes on the next candle!
#Solana #Write2Earn #CryptoTrading #TechnicalAnalysis #BinanceTrades
After a steady drop within a falling channel, $SOL just bounced sharply, piercing through resistance near $166.30 — and now it’s retesting that breakout zone!
What’s Happening: • Price rejected lower support near $164.84
• Broke out of descending channel
• Now retesting key resistance-turned-support around $166.30
• Eyes on bullish continuation toward $169.00!
Trade Setup:
• Entry Zone: $166.20 – $166.40
• TP: $169.00
• SL: $164.84
Pro Tip:
If this retest holds, $SOL could fuel a strong upside rally. But if $166 breaks again, expect short-term pressure.
Will SOL surge or sink? Keep your eyes on the next candle!
#Solana #Write2Earn #CryptoTrading #TechnicalAnalysis #BinanceTrades
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
169.73
+0.10%