SOLANA - $SOL

Technical Analysis Summary:

Key Technical Levels:


Resistance: $177.00-$178.00 (recent highs)

Support: $170.00-$171.00 (recent lows)

Current trend: Consolidating after a significant pullback

Chart Patterns:



SOL has been in a volatile range between $170-$178

Recent rejection from $177+ levels suggests short-term bearish pressure

Volume appears moderate, indicating indecision

Scalp Trade Recommendation: SHORT SETUP (Higher Probability)

Entry: $173.9-$174 (on bounce/retest)

Take Profit: $172.50-$173.00

Stop Loss: $175.00

Risk/Reward: ~1:2

Confidence Level: 65%

#solana #tradeoftheweek