SOL/USDT 1H Chart Analysis – Bullish Reversal Targeting Resistan

🚀 SOL/USDT 1H Chart Analysis – Bullish Reversal Targeting Resistance Zone 🎯

📊 Pair: SOL/USDT
🕐 Timeframe: 1H
📈 Platform: Binance

🔍 Technical Overview:
🔵 Support Zone (145.00 – 147.50 USDT)

Price has bounced multiple times from this strong demand zone marked in light blue.

Recent price action shows buyers defending this level aggressively — potential accumulation area. ✅

🔴 Resistance Zone (159.50 – 162.00 USDT)

Marked in red, this zone has historically rejected price twice (confirmed by red & yellow arrows).

Currently, the market is expected to retest this supply area once again. ⚠️

📈 Bullish Pathway:

Current structure suggests a reversal from support, aiming for:

TP1: $150.46

TP2: $154.31

TP3 / Final Target: $160.89 (within resistance)

🔄 Trend Structure:

Price is forming higher lows, hinting at early reversal stages.

Break above $150.46 would confirm bullish momentum. 🟢

🧠 Conclusion:
SOL/USDT is setting up for a bullish reversal from a strong support zone, with targets aligned toward previous resistance. Traders should monitor the reaction at $150.46 and $154.31 — a clean break may propel price to $160.89.

📌 Watch for:

Confirmation candle at support zone

Break and retest patterns on intraday resistance levels

📉 Support: 145.00 – 147.50
📈 Resistance: 159.50 – 162.00
🎯 Bullish Targets: 150.46 → 154.31 → 160.89

🔔 Stay updated, manage risk, and trade wisely! 💹📈