SOL/USDT – Cup & Handle Breakout with Demand Zone in Focus

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Solana (SOL/USDT) on the 4H chart is showing a Cup & Handle pattern, a bullish continuation formation. Price has recently broken the neckline around 213 – 215, but it is now facing strong resistance near the 220 zone.

Key levels to watch:

Resistance: 215 – 220 (possible rejection area)

Demand zone: 190 – 200 (potential pullback level)

Supply zone: 170 – 180 (secondary support if deeper correction occurs)

Support level: 160 (major downside protection)

If price sustains above 220, continuation toward 230+ may be expected.

A rejection at resistance could trigger a retest of the 190 – 200 demand zone before any bullish continuation.

Bullish in the bigger structure, but short-term correction remains possible.

This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk and trade according to your plan.

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