$SOL is currently in a consolidation phase on the daily chart, and the $145 level is the key trigger for the next directional move.
🔑 Key Resistance Zones • $145 → Major horizontal resistance & range high • A daily close above $145 would confirm a breakout. • $155 – $160 → First upside target after breakout • $175 – $180 → Major resistance / previous supply zone
🛡️ Key Support Zones • $135 – $138 → Immediate support (range low) • $125 – $128 → Strong demand zone, buyers likely to defend • $112 – $115 → Macro support & last bullish structure level
📊 Structure & Bias • Price is compressing below resistance, indicating pressure building. • Volume expansion + daily close above $145 = bullish continuation signal. • Rejection from $145 could lead to a pullback toward $135 or $128 before next attempt.
🧠 Trading Plan Idea • Bullish scenario: Wait for daily close above $145, then look for pullback confirmations. • Bearish / patience scenario: If rejected, watch reactions at $135 and $128 for potential bounce setups.
Summary: ➡️ $145 is the line in the sand. Above it = momentum expansion 🚀 Below it = range continues ⏳
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