📈 A Perfect Entry Setup for $SOL /USDT – Short and Long! 📉
The $SOL /USDT chart on the 4-hour timeframe shows price action within a channel, now approaching a critical support zone near $160-$165 USDT. This level has held previously, making it a key area for a potential reversal or breakdown.
💼 Long Entry: Above $170 USDT – Confirmation needed with a break above this resistance to target the upper channel near $180 USDT.
📉 Short Entry: Below $160 USDT – A drop here could drive SOL down toward $145 USDT or lower, signaling strong bearish momentum.
🔒 Stop Loss:
• Long: Set at $165 USDT
• Short: Set at $170 USDT
📊 Market Bias: Bearish if the channel support breaks, signaling increased selling pressure toward lower targets.
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