---
🚀 SOL/USDT - Potential for Recovery with Key Resistance Areas 🚀
Overview:
SOL/USDT is currently at $153.49 with recent bullish momentum but facing resistance. The MACD shows momentum, though there is room for potential pullbacks from resistance zones.
---
🔥 Key Levels:
Bullish OB Zones:
$146.39
$144.38
These zones are potential buy areas, where bulls might re-enter if the price dips.
Bearish OB Zones:
$161.76
$155.11
Significant resistance zones. Price action may struggle here, with the potential for rejection.
Support:
$152.50 is the nearest support level to monitor for consolidation.
Deeper retracement areas to watch include $144.61 and $146.39.
---
🎯 Long Trade Setup:
Entry: Consider long positions if price consolidates near $146.39.
TP1: $155.11
TP2: $161.76
TP3: $165.00 (psychological level)
Stop Loss: Place a stop loss below $144.38 to minimize risk.
---
📉 Short Trade Setup:
Entry: Look for rejection near $161.76 to enter short.
TP1: $152.50
TP2: $146.39
TP3: $144.38
Stop Loss: Place SL above $165.00 to avoid unexpected breakouts.
---
💡 Pro Tip: Monitor the MACD closely for divergences indicating potential reversals. Volume spikes around resistance zones can also signal whether SOL/USDT is ready to break out or pull back.
