$SOL USDT Alert 🚨📶✅
Based on 4h chart
Given the current scenario, there are two potential strategies:
Bullish Scenario (Long Trade):
If SOL breaks above 200 USDT with strong volume, consider entering a long position.
Aim for a retest of the 205 USDT resistance level, with a potential to extend to 210 USDT if momentum is strong.
Set a stop loss around 195 USDT to limit risk.
Bearish Scenario (Short Trade):
If SOL fails to break above 200 USDT and starts falling below 196 USDT, consider a short position.
Look for a target around the 189 USDT support level.
Place a stop loss around 201 USDT.
Always use a stop-loss order to protect against unexpected market movements.
Avoid high leverage to manage risk effectively in case of volatility.
You can see my earlier post on $SOL
