$SOL

USDT BULLISH REVERSAL SETUP – PREPARE FOR A STRONG PUSH UP!

After an extended descending channel, $SOL is showing signs of a potential reversal from its support zone.

🔑 Key Levels:

Current Price: $148.87

Major Support: $147.30 - $147.50 zone

First Resistance: $156.68 - $157.09

Second Resistance: $160.03

📈 Trade Setup:

Long Entry: $148.50 – $149.50

Take Profit 1: $156.68

Take Profit 2: $160.03

Stop Loss: $147.30

💡 Market Outlook: SOL is trading at the lower boundary of its descending channel, hinting at an imminent bullish reversal. A breakout above $150 could accelerate momentum towards $157 and $160 levels. Monitor volume confirmation for safe entries.

⚠️ Risk Management: Use strict SL at $147.30 to minimise downside risk. Do not over-leverage in reversal trades.

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