$SOL /USDT Is back to his own place
๐ Current Price: $166
๐ฃSomething To Say:
At this moment on the SOL/USDT 4-hour chart, hereโs a detailed analysis under six lines:
1. Current Price: SOL is trading at $166.42, close to its 24h high of $167.58, indicating bullish momentum.
2. Short-Term Trend: A strong green candle just broke above previous resistance levels around $161.58, suggesting a potential continuation of the uptrend.
3. Recent High: The price is approaching the recent swing high of $168.65 โ a breakout above this could signal strong bullish continuation.
4. Volume: With 3.77M SOL traded in 24h, volume supports this price action, hinting at genuine buying interest.
5. Support Zone: Key support lies between $157.60 โ $161.58 โ if price pulls back, this area might act as a buying zone.
6. Market Sentiment: The Order Book shows more sellers (53.85%) than buyers (46.15%), suggesting caution is needed as price nears resistance.
๐Trade Setup:
Entry: $169
๐ฏTp1: $168
๐ฏTp2: $172
๐ฏTp3: $175
๐Stop-Loss: $153
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