SOLUSDT: Preparing for a Breakout? Key Levels to Watch!
Current Trend: #SOL is in a downtrend but is now testing a strong support zone, indicating a potential reversal.
Technical Outlook:
🔹 Support Zone: $158(Strong demand area)
🔹 Resistance Level: $175 (Breakout confirmation level)
🔹 4H Timeframe Analysis: #SOL is currently making a correction, and a breakout above the resistance level could trigger a strong bullish move.
Trading Plan:
🔹 Bullish Scenario: If #SOL breaks above the resistance, it could push toward new higher highs, targeting $270 and beyond.
🔹 Bearish Scenario: If it fails to break resistance, we may see another pullback to retest lower levels.
Key Insights:
🔹 #SOL remains a strong project with the potential to break its ATH in the long run.
🔹 Waiting for a clean breakout ensures we enter with proper risk management.
What’s Your View? Drop your thoughts in the comments!
🔹 Follow for More: Daily insights, trade setups, and market updates!
Technical Outlook:
🔹 Support Zone: $158(Strong demand area)
🔹 Resistance Level: $175 (Breakout confirmation level)
🔹 4H Timeframe Analysis: #SOL is currently making a correction, and a breakout above the resistance level could trigger a strong bullish move.
Trading Plan:
🔹 Bullish Scenario: If #SOL breaks above the resistance, it could push toward new higher highs, targeting $270 and beyond.
🔹 Bearish Scenario: If it fails to break resistance, we may see another pullback to retest lower levels.
Key Insights:
🔹 #SOL remains a strong project with the potential to break its ATH in the long run.
🔹 Waiting for a clean breakout ensures we enter with proper risk management.
What’s Your View? Drop your thoughts in the comments!
🔹 Follow for More: Daily insights, trade setups, and market updates!
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.