Solana (SOL/USDT) on the 4H chart is showing a Cup & Handle pattern, a bullish continuation formation. Price has recently broken the neckline around 213 – 215, but it is now facing strong resistance near the 220 zone.
Key levels to watch:
Resistance: 215 – 220 (possible rejection area)
Demand zone: 190 – 200 (potential pullback level)
Supply zone: 170 – 180 (secondary support if deeper correction occurs)
Support level: 160 (major downside protection)
If price sustains above 220, continuation toward 230+ may be expected.
A rejection at resistance could trigger a retest of the 190 – 200 demand zone before any bullish continuation.
Bullish in the bigger structure, but short-term correction remains possible.
This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk and trade according to your plan.
Key levels to watch:
Resistance: 215 – 220 (possible rejection area)
Demand zone: 190 – 200 (potential pullback level)
Supply zone: 170 – 180 (secondary support if deeper correction occurs)
Support level: 160 (major downside protection)
If price sustains above 220, continuation toward 230+ may be expected.
A rejection at resistance could trigger a retest of the 190 – 200 demand zone before any bullish continuation.
Bullish in the bigger structure, but short-term correction remains possible.
This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk and trade according to your plan.
Trade active
Trade has been active ; Risk mange has properlyTrade closed: target reached
TRADE HAS BEEN SUCCESSFULLY
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
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.
$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
📬 Join Free Channel:
t.me/profitmagnetpro12
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.