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On the daily chart, SOL/USDT has formed a Falling Wedge pattern, often seen as a bullish reversal signal. The EMA Ribbon shows a downward trend with its red line, indicating recent price declines. However, the RSI reveals a bullish divergence, hinting at a potential momentum reversal. Additionally, SOL/USDT has broken above its support line, suggesting a bullish trend. These technical indicators collectively point to a positive outlook for SOL/USDT.
🔵 ENTRY: 124.18 or Market Price
📈 Signal Type: Long
1️⃣ First Target: 140.00
2️⃣ Second Target: 150.00
3️⃣ Third Target: 160.00
🔴 Stop Loss: 115.70
🔄 Leverage: 5x - 10x
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