$SOL /USDT BREAKOUT ALERT – BIG MOVE LOADING SOON! ‼️🔥
The SOL/USDT chart shows a clear ascending channel, with price bouncing between well-defined support and resistance lines. Currently trading at $177.00, the price is testing key resistance near $178.00. The price has been following this bullish channel since the 24th, indicating strong upward momentum. However, be cautious as rejection at this level could lead to a pullback.
💡 Key Levels to Watch:
• Resistance: $178.00 USDT – A breakout above this level could signal an explosive upward rally, targeting $180.50 USDT in the short term.
• Support: $172.00 USDT – If SOL fails to hold here, it could test the lower support around $168.00 USDT.
📈 Long-Term Entry Strategy:
• Buy Entry: Above $178.50 USDT (upon confirmation of breakout).
• Take Profit: $180.50 USDT or higher.
• Stop Loss: Place at $175.00 USDT to minimize risk if the breakout fails.
📉 Short-Term Entry Strategy:
• Sell Entry: Below $172.00 USDT if the price breaks support.
• Take Profit: $168.00 USDT or lower.
• Stop Loss: Set at $174.00 USDT to protect against a reversal.
This is a critical moment for $SOL !