📉 $SOL /USDT ON THE EDGE OF A BIG MOVE – WATCH THESE CRITICAL LEVELS! (Bearish Alert Guys🔥‼️🚨)
The $SOL /USDT chart on the 15-minute timeframe is currently locked within a descending channel, highlighting intense selling pressure. With a recent price at 174.98 USDT, SOL sits near a key support line, signaling a potential bounce or further decline.
🔹 Support Zone: 173.00 USDT – This level has shown resilience and could attract buyers if tested again. A break below may accelerate selling pressure.
🔹 Resistance Zone: 176.00 USDT – A breakout above this could open doors for a rally toward higher targets around 180.00 USDT and beyond, triggering buying interest.
📈 Entry Strategy:
• Long Entry: On breakout above 176.00 USDT with a target of 180.00 USDT. Set a stop loss at 174.00 USDT to manage risk.
• Short Entry: Enter near 173.00 USDT if price fails to hold, with a target at 170.00 USDT. Stop loss recommended at 175.00 USDT.
This setup demands patience—wait for confirmation of breakout or breakdown before entering. Keep a close eye on these levels, as a decisive move could set the stage for SOL’s next trend!
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