🔍 Chart Spotlight: Breakout Retest in Play!🚀🚀
$SOL recently broke out of a resistance zone and is now retesting it as new support — a bullish sign. If the price holds above this zone, the next leg up could be sharp and fast.
📌 Breakout Zone: $172.00 – $174.00
🔥 A successful retest could launch SOL toward $180+, with upside potential increasing if volume supports the move.
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📊 Target Zones – Where Can $SOL Go?
Short-Term: $173.00 ➜ $178.00 ➜ $182.00
Mid-Term (2025 Forecasts): Analysts project a move to $220–$250 with bullish market continuation
Long-Term: With rising DeFi activity and Solana’s performance gains, SOL could push toward $300+ in the next major bull cycle 📈
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🚀 What’s Fueling This Move?
Whale Buying: On-chain data shows accumulation near the current range.
Ecosystem Growth: More dApps and DeFi projects are launching on Solana, strengthening its fundamentals.
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🔑 Key Levels to Watch:
🟢 Support: $170.50 – $168.00
🔴 Resistance: $178.00 – $182.00
🎯 Entry Zone: $172.50 – $174.00
📈 Take Profit: $178 / $182 / $190
🛡️ Stop Loss: $167.00
