$SOL /USDT ā BULLISH BREAKOUT ABOVE KEY RESISTANCE š„š
$SOL is showing strong bullish momentum, currently trading at $164.85 (+4.24%), after bouncing from a key support zone and pushing toward higher resistance levels.
š TECHNICAL OVERVIEW
š¹ Current Price: $164.85
š¹ 24h High / Low: $167.46 / $156.32
š¹ Volume: 3.99M SOL / $647.77M USDT
š¹ Trend Indicators: EMA & MACD signaling upward momentum ā
š¹ Market Structure: Higher lows forming, signaling strength šŖ
š KEY LEVELS
š» Support Levels:
⢠$160.00 ā Strong horizontal support
⢠$156.30 ā Major swing low support
šŗ Resistance Levels:
⢠$167.50 ā Immediate resistance (tested today)
⢠$172.00 ā Next major resistance if breakout continues
šÆ TRADE SETUP ā LONG ENTRY
š„ Entry: $164.50 ā $165.00 (on slight retracement)
šÆ Targets (TP):
⢠TP1: $167.50
⢠TP2: $172.00
⢠TP3: $176.50
š Stop Loss (SL): $159.50 (below key support)
š”ļø RISK MANAGEMENT
Risk only 1-2% of your capital per trade. Stick to SL. Trail stop after TP1 hit to secure profits. Never chase the pump, wait for clean setups! šā”ļøš
š¢ $SOL/USDT is primed for continuation if volume sustains. Stay sharp, trade smart! š„š
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