SOL/USDT
$SOL Technical Analysis & Trade Setup
📉 Market Structure
SOL is trading around $132, holding above the recent support zone near $121–$126.
Price is moving sideways after a prolonged downtrend, forming a base structure.
A breakout above $145.89 will confirm bullish momentum.
🔍 Key Levels
Major Support: $121.66 – $126
Immediate Support: $130
Major Resistance: $145.89
Breakout Level: $146+
📊 Indicators Insight
Candles show reduced selling pressure near $130, indicating accumulation.
Market is in range-bound consolidation, preparing for a bigger move.
📈 Trade Setup (Swing)
🔵 Long Entry:
$131 – $133
🛡 Stop Loss:
$126
(below the support zone)
🎯 Take Profit Targets:
TP1: $138
TP2: $145
TP3: $155 (on breakout above $145.89)
🧠 Outlook
If SOL breaks and holds above $146, a strong trend reversal toward $155–$165 can happen.
Below $126, bearish continuation is possible.
⚠ This is not financial advice. Trade with proper risk management.
