SOL - wedge broken, bulls take controlPrice broke out of the descending wedge (140-150 → 150-162) and closed above 150 USDT on higher volume - a break of the medium-term trend.
📌 Levels
- S1 150 ± 3 - retest zone, S2 140 - April base.
- R1 161.8 - March resistance, R2 179-180 - wedge height and supply zone target.
📈 Scenario
A consolidation > 161.8 activates a move to 180; if successful, a push to 195 is possible.
⚠️ Risks
Failure < 147 will bring price back inside the wedge with a chance of 140.
As long as 147-150 holds, priority long.
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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.