technical analysis for $SOL /USDT with trade signals, including three target levels and trade momentum:

Current Price: $206.96 (down by 5.39%)

24h Range: $205.36 - $220.48

Trend: Bearish momentum is apparent after the price has been sliding from the 24-hour high of $220.48.

Volume: 3.39M SOL traded in the last 24 hours, showing significant market activity but with downward pressure on the price.

Trade Signal:

1. Short Position (Bearish):

Entry: If the price drops below $205.36, consider entering a short position.

Target 1: $200.00 – First target for profit-taking, close to psychological support.

Target 2: $195.00 – A deeper retracement zone where further support is expected.

Target 3: $190.00 – A potential longer-term downside target if the bearish trend continues.

Stop Loss: Above $210.00 (to prevent losses in case of a rebound).

2. Long Position (Bullish) (if the market reverses):

Entry: Wait for a breakout above $220.48, signaling a potential bullish reversal.

Target 1: $225.00 – First resistance zone after a breakout.

Target 2: $230.00 – Potential resistance level that could hold.

Target 3: $235.00 – Extended target if momentum continues to favor the bulls.

Stop Loss: Below $205.00 (to mitigate risk if price retraces).

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Momentum Analysis:

Bearish Momentum: The 24h downward pressure and the recent drop below $210.00 suggest that SOL is in a short-term bearish phase.

Volume Confirmation: The relatively high volume in the 24h period suggests that the selling is backed by significant market activity.

Momentum Indicator: RSI is likely nearing oversold levels, which might indicate a potential for a short-term bounce or consolidation, but the overall trend remains bearish for now.

Trade Momentum:

Momentum is Negative: Due to the downward movement and volume spikes on the sell side, this trend is likely to continue until key support levels are tested.

Short-term Reversal Possible: If SOL tests support at $205.36 and starts showing signs of a bounce, a long position might become viable,