馃殌 $SOL /USDT Consolidates: A Breakout on the Horizon? 馃殌
Solana (SOL) is trading at $183.07, reflecting a slight decline of -1.40% over the last session. After rebounding from the $175.26 support, SOL is showing signs of consolidation, indicating potential for a breakout.
馃搳 Key Levels to Watch:
Entry Point: $183.07
Immediate Target: $189.52
Next Resistance: $206.04
Stop-Loss: $176.48
The 1-hour chart suggests a tightening price range, with volume tapering off as the price nears a potential decision point. A breakout above $189.52 could trigger bullish momentum toward the $206.04 resistance level.
Stay cautious and watch for a clear trend confirmation. SOL is at a critical juncture鈥攂e ready to act swiftly!
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