SOLUSDT Buying Opportunity at Psychological Level
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The price perfectly fulfilled my previous idea.SOLUSDT
SOL
is testing the lower boundary of market structure after multiple failed attempts to break the descending trendline. Price action shows a clear compression phase above the psychological $150 support, indicating potential accumulation. A bullish breakout above $160 and trendline could open a short-term recovery toward the $175 resistance zone. Overall, momentum hints at a buy bias from a key psychological and structural level.
ļø Risks:
Rejection from $160 may lead to a retest of $147 support.
Bitcoin weakness could suppress recovery momentum.
Stronger USD or risk-off sentiment may delay a breakout.If this idea resonates with you or you have your own opinion, traders, hit the comments. Iām excited to read your thoughts!
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Psych levels always attract liquidity ā great spot for strategic entries. š§
