USDT BULLISH UPTREND โ EYEING A BREAK ABOVE $155 RESISTANCE
Solana is maintaining strong upward momentum on the 1-hour chart. The price is currently at $154.03, showing a +1.26% gain and pushing confidently toward its daily peak.
๐ Key Levels:
Support: $149.00 (24-hour low) โ reliable base and accumulation zone
Resistance: $154.63 (24-hour high) โ first breakout level, with the next target resistance near $156.50
๐ Long Trade Plan:
Entry Range: $153.50 โ $154.20 (on minor dips)
Take Profit (TP):
TP1: $155.50
TP2: $156.50
TP3: $158.00
Stop Loss (SL): $151.00 (below recent consolidation area)
๐ Market View: SOLUSDT continues to print higher highs with strong bullish candles. Holding above $154.60 could trigger a quick rally toward $156.50 and possibly $158.00. Momentum remains positive with no clear signs of a trend reversal so far.
โ ๏ธ Risk Management: Limit your risk to 1โ2% of your total capital per trade. Once TP1 is reached, move your stop-loss to breakeven to secure profits and stick to a disciplined trading plan.
#sol #solana #Crypto #BullishTrend #TechnicalAnalysis $SOL
Solana is maintaining strong upward momentum on the 1-hour chart. The price is currently at $154.03, showing a +1.26% gain and pushing confidently toward its daily peak.
๐ Key Levels:
Support: $149.00 (24-hour low) โ reliable base and accumulation zone
Resistance: $154.63 (24-hour high) โ first breakout level, with the next target resistance near $156.50
๐ Long Trade Plan:
Entry Range: $153.50 โ $154.20 (on minor dips)
Take Profit (TP):
TP1: $155.50
TP2: $156.50
TP3: $158.00
Stop Loss (SL): $151.00 (below recent consolidation area)
๐ Market View: SOLUSDT continues to print higher highs with strong bullish candles. Holding above $154.60 could trigger a quick rally toward $156.50 and possibly $158.00. Momentum remains positive with no clear signs of a trend reversal so far.
โ ๏ธ Risk Management: Limit your risk to 1โ2% of your total capital per trade. Once TP1 is reached, move your stop-loss to breakeven to secure profits and stick to a disciplined trading plan.
#sol #solana #Crypto #BullishTrend #TechnicalAnalysis $SOL