SOL is currently trading at $173.14, showing signs of short-term consolidation after being rejected from the resistance area of $178.
📉 Entry Zone: $170–172
📈 Take Profit Targets:
• TP1: $178 (recent high)
• TP2: $182 (resistance area)
• TP3: $185+ (on strong breakout with trading volume)
🛑 Stop Loss: below $168 to protect against downside risk.
📊 Indicators:
• RSI(6): 38.52 – nearing the oversold area
• MACD: bearish crossover, watch for momentum shift
• Bollinger Bands: price near the mid-range, with potential bounce from support
⚠️ Risk management is key — wait for confirmation at support before entering.
