๐ Current Price: $166.42
๐ง Quick Market Note:
Hereโs my fresh 4-hour breakdown on SOL$SOL
/USDT in 6 key points:
1. Price Action: sol
is trading at $166.42, holding strong near its 24h high of $167.58 โ showing solid bullish intent.
2. Breakout Alert: Just witnessed a clean breakout above the $161.58 resistance with a solid green candle. Bulls are stepping in.
3. Key Level Ahead: Eyes on $168.65 (recent swing high). A breakout above this could trigger another bullish leg upward.
4. Volume Confirmation: 24h volume stands at 3.77M $SOL โ strong enough to back this move with real interest.
5. Support Zone: Watch the $157.60โ$161.58 range if we get a dip โ this zone could act as a high-probability buy area.
6. Sentiment Check: Order book shows 53.85% sellers vs 46.15% buyers โ caution advised as we approach resistance levels.
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๐ผ Trade Plan:
Entry: $169 (wait for confirmation breakout)
Targets:
๐ฏ TP1: $168 (quick scalp)
๐ฏ TP2: $172
๐ฏ TP3: $175
SL idea: Below $161.5 for safer risk management (not included in original, but recommended).