Technical Analysis Report: $SOL /USDT

Current Price: $185.43

Resistance Levels:

1. $188.33 (24h High)

2. $188.92 (next potential resistance)

Support Levels:**

1. $184.96 (MA 7)

2. $184.43 (MA 25)

3. $177.88 (MA 99)

Breakout Possibilities:

1. Bullish Breakout:

- A bullish breakout will be confirmed if SOL/USDT closes above the resistance level of $188.33 with strong volume. The next target would be $188.92 and further resistance levels could be tested around $190 and beyond if momentum continues.

2. Bearish Breakout:

- A bearish breakout would be confirmed if SOL/USDT closes below the support level of $184.43 (MA 25). This could lead to a decline towards the next support level at $177.88 and potentially lower.

Traders should look for confirmed breakouts above resistance or below support levels before entering trades, considering the volatility and volume for accurate signals.

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