Solana (SOL/USDT) is respecting an upward channel on the 4H chart, showing steady bullish structure.
✅ Multiple Break of Structure (BOS) confirms ongoing uptrend
✅ Price is currently rebounding from the channel support
✅ A clean breakout above 210 – 220 resistance zone could fuel a rally toward 230+
✅ Demand remains strong with supply zones near 190 – 200 providing key support
Key Zones:
📍 Support: 190 – 200 (Supply Zone), 170 (Major Support Level)
📍 Resistance: 220 – 230 (Channel Top)
📍 Next Target: 225 – 230
Watch for channel breakout confirmation and manage risk with stop loss below recent structure support
✅ Multiple Break of Structure (BOS) confirms ongoing uptrend
✅ Price is currently rebounding from the channel support
✅ A clean breakout above 210 – 220 resistance zone could fuel a rally toward 230+
✅ Demand remains strong with supply zones near 190 – 200 providing key support
Key Zones:
📍 Support: 190 – 200 (Supply Zone), 170 (Major Support Level)
📍 Resistance: 220 – 230 (Channel Top)
📍 Next Target: 225 – 230
Watch for channel breakout confirmation and manage risk with stop loss below recent structure support
Trade active
Trade has been active ; Risk mange has properlyTrade closed: target reached
Trade has been successfully
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$ 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
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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.