Eyes on $180 once again after recovering within the day!
Currently trading at $174.76, recording a modest increase of 1.29% amid a volatile session. After dropping to a low of $170.96, the bulls stepped in strongly, pushing the price near the resistance area of $176. The recovery candle on the one-hour chart shows renewed buying interest, indicating that momentum may shift back in favor of the bulls.
Next move: Breakout or rejection?
If $SOL convincingly regains the $176–177 level, we may see a rise towards the $179–182 range. However, rejection from this area could lead to another retest of the support range $171–172. Watch the volume closely - it’s the key to the next breakout!
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