🚨 $SOL /USDT ALERT: Massive Momentum – Key Breakout Levels in Sight! 🚨
The 15-minute chart for $SOL is exhibiting strong upward momentum, climbing by 11.74% in the last 24 hours. Currently trading at $258.89, $SOL has approached its 24-hour high of $259, showcasing bullish strength after breaking through multiple resistance levels. This momentum hints at a potential breakout or minor consolidation around the current range.
Key Levels to Watch:
Resistance: $260 – A breakout above this level could push to fresh highs, drawing increased buying pressure.
Support: $251 – Maintaining above this level is crucial to keep the bullish trend intact and avoid potential pullbacks.
Trade Setup:
Long Entry: Around $259
Take-Profit Targets:
TP1: $265
TP2: $270
TP3: $278
Stop-Loss: $250
⚠️ Note: Traders should watch for stability above $259 or breakout confirmation above $260. A failure to hold $251 may result in a retest of lower levels. Manage risk and adjust your strategy accordingly.