$SOL

/USDT Technical Analysis Report (1H Chart)

SOL/USDT is showing renewed strength, trading at $146.90 with a healthy +0.96% gain, recovering confidently from its 24h low of $142.58. The price is approaching resistance near the 24h high of $148.94, signaling a potential breakout if buying momentum sustains. Backed by a substantial 24h trading volume of 3.16M SOL and 461.05M USDT, market participants are clearly active, with liquidity deep enough to fuel a continuation rally. The recent bounce and tight consolidation reflect solid support around $143.50, making this zone a favorable base for bullish setups.

The depth chart reveals strong interest above $146, and if SOL breaks through $149 convincingly, the next upside target lies in the $152–$157 zone. As a leading Layer 1 asset, SOL is increasingly drawing trader attention for both fundamental strength and technical upside. With momentum gradually building and a bullish reversal structure forming on the lower timeframes, SOL is poised for a potential breakout run—one that could deliver fast gains for traders positioned ahead of the move. Keep an eye on volume surges and candle closings above resistance for confirmation.