🚨🔥 $SOL /GBP ON THE EDGE OF A MAJOR MOVE! WATCH CLOSELY! 🔥🚨
SOL/GBP is trading at 179.19 GBP, showing resilience and gathering momentum. The price has been pushing through key levels, indicating a potential for either a breakout or a significant pullback. Let’s dissect the critical levels and targets to watch for the next big move.
💡 KEY Levels to Monitor 💡
🎯 Target 1: 183.38 GBP – This is the 24-hour high and immediate resistance level. A solid breakout above this price could attract buyers, potentially igniting a rally towards the next target. Eyes on this level as the bulls aim for fresh highs.
🎯 Target 2: 193.98 GBP – Breaking past 183.38 GBP could set SOL up for an attempt at this level, marking a substantial bullish momentum continuation. If the market momentum remains, this level might be achieved with strong buying pressure.
🎯 Target 3: 198.18 GBP – This is a critical upper boundary. Reaching this level would confirm a robust uptrend, likely pushing SOL into a new bullish cycle. Hitting this target could draw more long-term interest, fueling additional gains.
📉 Support Alert: 167.39 GBP – This is a critical support to watch. If SOL loses steam and dips, holding above this line is crucial to sustain the bullish structure. A break below could signal a correction phase with increased selling pressure.
📉 What’s the Verdict? 🔮
⚠️ Potential Pullback: A failure to break 183.38 GBP could lead to a retracement. Watch for a test of 167.39 GBP if bears take control.
🚀 Breakout Momentum: However, if SOL smashes through 183.38 GBP, we could see a bullish surge targeting 198.18 GBP as buying intensifies!
