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