$SOL
/USDT BULLISH CONSOLIDATION — READY FOR THE NEXT LEG UP?
Solana is showing strength after bouncing from the $164.5 support and now consolidating near $168.50. The sideways structure suggests accumulation before a breakout attempt toward the $170.8 resistance. The price is forming higher lows, signaling bullish intent.
Trade Setup (Long):
Entry: $168.00 – $168.80
Take Profit (TP): $170.50 / $172.00
Stop Loss (SL): $166.20
Market Outlook:
As long as SOL holds above the $166 level, buyers remain in control. A break above $170.80 will confirm continuation toward the $174 zone. Watch for a strong bullish candle to validate entry.
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