$SOL is consolidating within a large symmetrical triangle on the 2Hr timeframe. With volatility compressing and price hovering around $181, a decisive move is brewing! ⚡
🔹 Bullish rally to $206 followed by consistent lower highs
🔹 Higher lows also forming, tightening into triangle apex
🔹 Current price near base of structure = possible bounce zone
🔹 Breakout from this setup often results in strong impulse move
🟩 Support :
• $178 – current triangle base
• $172 – invalidation level
🟥 Resistance :
• $188 – short-term resistance
• $195 – triangle breakout confirmation
• $206 – recent high
If #Solana holds $178 and breaks above $188–195, we could see acceleration back to $206 ~ $220 and potentially new highs.
But if it loses the triangle base, price may revisit $170–$160 range.