$SOL Bullish Signals
Long Entry at $168.50–$169.50: A recent analysis suggests entering a long position within this range, targeting $171.00 and $172.50, with a stop-loss below $166.50. This setup is based on a bullish reversal from the $164 zone and increasing momentum.
Breakout Above $171.60: Another strategy recommends entering a long position if SOL breaks and closes above $171.60 with strong volume, aiming for targets at $174.16 and the $176–$178 zone. The stop-loss is suggested below $167.00.
Bearish Signals
Short Entry at $163: A bearish setup proposes entering a short position at $163, targeting $157, with a stop-loss at $170. Indicators like MACD turning red and RSI cooling off support this strategy.
Break Below $170: A bearish reversal is indicated if SOL breaks below $170, potentially accelerating a decline towards the $167 support level.