furqan_khan10
0 Following
10 Followers
9 Liked
0 Shared
SOL/USDT at a Crossroads: Will Resistance Break or Hold?
SOL/USDT Weekly Chart – Decision Time
Solana (SOL) formed a clear double top near the $260 level earlier this year, which triggered a sharp -58% correction.
Now, SOL is once again testing a key resistance zone — and the market is at a critical decision point.
Two potential scenarios are on the table:
🟢 Bullish Breakout
If SOL breaks above the current resistance, we could see a strong move towards $240+, signaling renewed bullish momentum.
🔴 Bearish Rejection
If price fails to break through, a rejection could lead to a revisit of the $120 support level, continuing the broader correction.
The next weekly candle will be crucial in setting the tone for what comes next.
Is SOL ready to resume its uptrend — or will sellers take control again?
📈 Keep a close eye. The breakout (or breakdown) could come fast.
#SOLUSDT #Solana $SOL #Crypto #Binance #TradingAnalysis $ETH
SOL/USDT Weekly Chart – Decision Time
Solana (SOL) formed a clear double top near the $260 level earlier this year, which triggered a sharp -58% correction.
Now, SOL is once again testing a key resistance zone — and the market is at a critical decision point.
Two potential scenarios are on the table:
🟢 Bullish Breakout
If SOL breaks above the current resistance, we could see a strong move towards $240+, signaling renewed bullish momentum.
🔴 Bearish Rejection
If price fails to break through, a rejection could lead to a revisit of the $120 support level, continuing the broader correction.
The next weekly candle will be crucial in setting the tone for what comes next.
Is SOL ready to resume its uptrend — or will sellers take control again?
📈 Keep a close eye. The breakout (or breakdown) could come fast.
#SOLUSDT #Solana $SOL #Crypto #Binance #TradingAnalysis $ETH
Login to explore more contents