🚀 $SOL /USDT on the Verge of Breakout – Key Levels for Smart Entries! 🚀

The $SOL /USDT chart is displaying a strong upward trend on the 4-hour timeframe, currently trading at 175.86 USDT with solid bullish momentum. Let’s dive into the critical levels and entry strategies that could define SOL’s next move:

đŸ”č Resistance Zone: The primary resistance stands around 177.80 USDT. A breakout above this point could signal a potential rally, opening doors to a new high, especially if volume continues to support the upward drive.

đŸ”č Support Levels: Strong support is visible around 164 USDT. If SOL retraces, holding above this level is crucial for sustaining the bullish structure. A dip here could offer a high-probability buy zone for short-term traders.

💡 Entry Strategies:

1. Long Entry: Look for a breakout above 177.80 USDT, confirming with strong volume. First target at 182 USDT, and a more ambitious target at 190 USDT if bullish momentum persists.

‱ Stop Loss: 170 USDT to manage risk if momentum fails.

2. Short Entry: If SOL struggles to break 177.80 USDT, a short setup could be initiated, targeting a pullback to 164 USDT.

‱ Stop Loss: Tighten to 180 USDT to limit losses on an unexpected breakout.

⚖ Long-Term Perspective: SOL has maintained an impressive yearly growth of over 450%. Holding above the trendline suggests a possible continuation of this uptrend, making current levels attractive for strategic entries.

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