The SOLUSDT chart shows a bullish trend within an ascending wedge pattern. The price is currently approaching the resistance zone around 153.42 USD. After hitting this resistance, we might see a short-term pullback before a potential breakout occurs.
Key Insights: The price has tested the upper resistance twice (red arrows), and a breakout above this level could signal a strong upward move.
The ascending support line (green arrows) indicates that the overall trend remains bullish. If the price holds above 149–150 USD after a potential pullback, there is a high chance of an upward breakout toward the 158 USD level.
Prediction: If SOLUSDT can break and close above 153.42 USD, expect a bullish continuation toward 158 USD. However, if the price pulls back to retest the ascending support line, this could provide a good buying opportunity before the next upward move.
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