$SOL /USDT Technical Analysis – Will SOL Break Past $180? 🚀
SOL is trading at $178.14, lingering near a crucial resistance level. After a strong upward trend, will it push higher, or will sellers step in at this point?
🔸 Resistance Levels:
$185.00: Immediate resistance. A breakout here could drive the price toward $195.00.
$200.00: Key psychological barrier. Clearing this level could set the stage for a move to $215.00.
🔸 Support Levels:
$175.00: Critical support zone. Holding above this level is essential to maintain a bullish outlook.
$170.00: Strong demand zone. A dip below this could signal increased downside risk.
💡 Trade Plan:
Bullish Strategy: Look for a break and hold above $185.00, targeting $195.00-$200.00. Place a stop-loss at $173.00.
Bearish Strategy: Short at rejections near $185.00, with targets at $175.00-$170.00. Set a stop-loss at $188.00.
SOL is at a pivotal resistance level – will the bulls break through, or will sellers regain control? 📊 Monitor the charts closely for the next big move!