$SOL PRICE ALERT: Bullish Momentum Building 🚨
$SOL is currently trading at $187.14, showing a strong uptrend on the 15-minute chart after rebounding from a low of $176.48 earlier today. With consistent buying pressure, SOL has already tested the $187.87 resistance level, nearing its 24-hour high.
Key Levels to Watch
Resistance: $187.87
Support: $184.17
Trade Setup:
Long Entry: Around $186–$187, aiming for potential targets of:
1. $190 (short-term)
2. $193 (next target)
Short Entry: If SOL fails to break above $187.87, consider targeting:
1. $184 (retracement)
2. $181 (lower support)
Risk Management:
Stop-loss: $183 to protect against downside risk.
Market Insight:
With rising volumes and a breakout potential, keep an eye on the $187.87 resistance zone. A confirmed breakout could pave the way for further upside, while rejection may result in a short-term pullback.