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$SOL H4 Technical Analysis (4 hours) of *SOL/USDT* shows an interesting setup, and here is the technical outlook:
✅ Visible data:
- *Current price*: 141.69 USDT
- *Change*: +8.60% → recent bullish impulse
- *Resistance zone*: ~160–165 USDT (top horizontal line)
- *Support zone*: ~126–130 USDT
- *Double scenario depicted*:
- Arrow up = *bullish retest and breakout*
- Arrow down = *bearish rejection*
🔍 Analysis:
1. *Short-term trend (H4)*:
- *Slightly bullish* trend after a sharp drop.
- Price has moved back above a former resistance (~137 USDT), which could now act as support.
2. *Current key zone (≈140–145 USDT)*:
- The market is testing a *decision zone*: either a rejection and drop toward 130–125, or a breakout toward 155–160.
- High *volatility* → wait for confirmation (breakout + close) to validate a direction.
3. *Volume*:
- Slight increase in volume, supporting the current move. But no spike yet indicating a major breakout.
🔽 *Bearish scenario*:
- Rejection below 145 and loss of the 137–135 support → likely return to *130–125 USDT*
- If this level breaks, a drop to 118–120 is possible
🧠 Conclusion:
- Current zone = *critical*
- Wait for *confirmed breakout* (with volume) to avoid a false signal
- Keep an eye on *the 145 USDT level* (key for bullish decision)
📌 Possible scenarios:
🔼 *Bullish scenario*:
- Breakout above 145 USDT with volume → next target: *160–165 USDT*
- Confirmation if the H4 candle closes clearly above 145