Solana has successfully broken above the key resistance zone at $155–157 and is currently testing it as new support. If the level holds, this breakout could extend toward the next major target around $175–178.
📌 Key Insights:
Clean breakout followed by a potential SR flip
Watch for confirmation of support before continuation
Target aligns with previous swing high
Invalidated on breakdown below reclaimed level
🟢 Bias remains bullish as long as price holds above the breakout zone. A confirmed retest could provide a high-probability long setup.
📌 Key Insights:
Clean breakout followed by a potential SR flip
Watch for confirmation of support before continuation
Target aligns with previous swing high
Invalidated on breakdown below reclaimed level
🟢 Bias remains bullish as long as price holds above the breakout zone. A confirmed retest could provide a high-probability long setup.
Trade active
👉 If you're not highly risk-tolerant, this could be a good area to start securing profits.
You may consider partially closing your position or at least trailing your stop-loss upward to lock in gains while keeping exposure to further upside.
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.