$SOL is showing some thrilling movement.

It is at a critical point and breaking out of the current channel can trigger a strong bullish rally.

Let's dive into the key details for traders and investor.

Key Zones to Watch.

1. Buy Zone.

Look for entries between $140 - $150.

This zone is safe for accumulating as long as SOL holds above support levels.

2. Targets.

Short-term Target. $165

Mid-term Target. $180

Long-term Target. $200+ (if momentum continues after the breakout).

3. Stop Loss (Risk Management).

Place a stop loss at $135 to minimize risks.

A close below this level might indicate weakness or false breakout.

Technical Insight.

SOL has been moving within a parallel channel.

A breakout above resistance can signal a new uptrend.

The breakout will confirm with strong volume and a clean close above the channel.

What to Watch Next.

Breakout Confirmation. Watch for SOL to break above resistance with a daily close.

Volume Spike. A surge in volume during the breakout will strengthen the bullish scenario.

Final Thoughts.

Solana has the potential for a thrilling run if the channel breakout happens.

Stay alert manage risks and enjoy.

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