$SOL /USDT – CONSOLIDATION NEAR $220, BREAKOUT MOVE AHEAD!
SOL/USDT is trading at 219.23, slightly down -0.57%, but holding strong above key supports. The price is tightly aligned with all major moving averages (MA7: 218.98, MA25: 219.08, MA99: 218.92), showing consolidation and balance between buyers and sellers. A breakout above 221.50 could trigger bullish continuation, while a dip below 217.50 may invite short-term correction.
Trade Setup (Range-to-Breakout Play):
Long Entry (on breakout): Above 221.50
TP1: 224.00
TP2: 228.00
TP3: 232.00
SL: 216.50
Short Entry (if breakdown): Below 217.50
TP1: 215.00
TP2: 212.50
SL: 221.50
Market Outlook: SOL remains a strong Layer-1 gainer, consolidating near its highs with solid liquidity. The tight structure suggests a strong directional move is approaching—watch 221.5 resistance and 217.5 support for confirmation.