🚨 $SOL /USDT Update 🚨
$SOL is currently in a consolidation phase, hovering around $134.73. It’s testing a critical resistance level at $136, which has acted as a barrier to further upward movement in the past. The market has been bouncing between support levels around $128 and this resistance zone for a while now, indicating uncertainty in the direction of the next major move.
However, if $SOL manages to break through this resistance at $136 and provide a retest of the same level, it could signal the start of a strong bullish trend. A successful breakout and retest would confirm that buyers have gained control, potentially pushing the price towards higher targets in the coming days.
Traders should watch this area closely for signs of strength or rejection. If the breakout fails, we could see SOL retrace back towards the support levels, so managing risk is essential in this scenario.