$SOL /USDT – Pivotal Support Test, Bounce or Breakdown? 🔄
Current Price: $175.45 (−2.33%)
$SOL is under short-term selling pressure after a rejection from resistance near $177.71. It’s now testing a strong support zone around $172. A bounce from here could lead to a bullish reversal, while a break lower may push SOL toward deeper levels.
Support Level: $172.31
Resistance Level: $184.67
Trade Setup:
• Entry Zone: $172.00 – $175.50 (wait for signal confirmation)
• 🎯 TP1: $177.71
• 🎯 TP2: $181.53
• 🎯 TP3: $184.67
• Stop Loss: $169.90
Pro Tip: A strong candle close above $176.55 could confirm a reversal. On the flip side, if price breaks below $172, be prepared for more downside toward $170 or even $166. Keep your eyes on volume and trend confirmation!
$SOL #AltcoinSeasonLoading #ETHBreakout3.5k #AltcoinBreakout #BinanceHODLerC #USCryptoWeek
Current Price: $175.45 (−2.33%)
$SOL is under short-term selling pressure after a rejection from resistance near $177.71. It’s now testing a strong support zone around $172. A bounce from here could lead to a bullish reversal, while a break lower may push SOL toward deeper levels.
Support Level: $172.31
Resistance Level: $184.67
Trade Setup:
• Entry Zone: $172.00 – $175.50 (wait for signal confirmation)
• 🎯 TP1: $177.71
• 🎯 TP2: $181.53
• 🎯 TP3: $184.67
• Stop Loss: $169.90
Pro Tip: A strong candle close above $176.55 could confirm a reversal. On the flip side, if price breaks below $172, be prepared for more downside toward $170 or even $166. Keep your eyes on volume and trend confirmation!
$SOL #AltcoinSeasonLoading #ETHBreakout3.5k #AltcoinBreakout #BinanceHODLerC #USCryptoWeek
