SOLUSDT is building a strong bullish momentum structure, but the key confirmation is still missing. The market is currently sitting below an important neckline resistance. A clean breakout above this level with a strong bullish candle will confirm the continuation of the uptrend.
Once the neckline breaks, buyers can gain full control and push the price toward higher resistance levels. Until the breakout happens, patience is required to avoid false moves.
Target Levels
TP1: 156.81
TP2: 162.92
TP3: 169.56
As long as price stays above the local demand zone after breakout, the bullish bias remains strong and market can continue pushing toward higher levels.
This analysis is for educational purposes only and not financial advice. Always manage your risk and trade according to your plan.
Like, comment and follow for more Smart Money and Price Action-based trade ideas.
Once the neckline breaks, buyers can gain full control and push the price toward higher resistance levels. Until the breakout happens, patience is required to avoid false moves.
Target Levels
TP1: 156.81
TP2: 162.92
TP3: 169.56
As long as price stays above the local demand zone after breakout, the bullish bias remains strong and market can continue pushing toward higher levels.
This analysis is for educational purposes only and not financial advice. Always manage your risk and trade according to your plan.
Like, comment and follow for more Smart Money and Price Action-based trade ideas.
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