Solana is defending the 176 support zone while trading inside a rising channel. Momentum is oversold on the 4H Stoch RSI, suggesting buyers may attempt a defense here.
A bounce from 176 sets up a move into 195 and 210 resistance.
A breakout above 210 opens the door to retest the channel highs near 220.
If 176 fails, downside opens toward 160 demand.
This setup offers a clean bounce-to-breakout structure — but confirmation is needed above resistance levels.
A bounce from 176 sets up a move into 195 and 210 resistance.
A breakout above 210 opens the door to retest the channel highs near 220.
If 176 fails, downside opens toward 160 demand.
This setup offers a clean bounce-to-breakout structure — but confirmation is needed above resistance levels.
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Explore 5,000 Strategies at quanttradingpro.com
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
Search for the most profitable, lowest risk by symbol!
Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.