Solana (SOLUSD) is currently testing a key horizontal resistance zone around 163.2, marked by multiple rejections in the past. After consolidating beneath this level, the price has managed to reclaim the resistance zone, and now it appears to be retesting it as fresh support.
🔍 Technical Analysis Highlights:
Timeframe: 15-minute chart
Resistance Breakout Zone: ~163.2 (pink horizontal line)
Retest in Progress: Price is currently pulling back to the breakout zone, indicating a potential bullish continuation if the level holds.
Bullish Setup: The green box shows the expected upside zone (target area up to ~165.40), while the red box shows the downside risk zone (~160.80).
Risk-Reward Ratio: Favorable setup with tight invalidation just below the retest zone.
🔍 Technical Analysis Highlights:
Timeframe: 15-minute chart
Resistance Breakout Zone: ~163.2 (pink horizontal line)
Retest in Progress: Price is currently pulling back to the breakout zone, indicating a potential bullish continuation if the level holds.
Bullish Setup: The green box shows the expected upside zone (target area up to ~165.40), while the red box shows the downside risk zone (~160.80).
Risk-Reward Ratio: Favorable setup with tight invalidation just below the retest zone.
Trade active
Above the target 
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
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.
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
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.