🚀 $SOL /USDT: Preparing for the Next Move!
Solana's ($SOL ) price action today has caught the attention of traders. With a recent high at $194.39 and current consolidation at $189.25, all eyes are on the next breakout level. Here’s a breakdown of the current scenario and key targets.
Current Price: $189.25 (+0.31%)
24H High: $194.39
24H Low: $185.58
Key Targets:
1. Immediate Resistance: $192.50
2. Major Resistance: $197.00
3. Breakout Zone: $200.00
Market Outlook:
A bullish breakout above $192.50 could propel $SOL toward $197.00 and ultimately challenge the $200.00 psychological barrier.
However, failure to hold above the $188.00 support might lead to a retest of $185.50, a key level to watch.
Trading Strategy:
Bullish Entry: On a breakout above $192.50.
Cautious Approach: If price retraces below $185.50.
Stay tuned as Solana's price dynamics unfold. Watch for volume spikes and key support/resistance levels to guide your trades.