🚨$SOL /USDT Technical Analysis:🚨
📊The $SOL /USDT pair is currently trading at $235.88, down 0.87% in the past 24 hours. The price is currently consolidating within a narrow range, indicating potential for a breakout in either direction.
📈Long Entry:
* Consider a long entry above the recent high of $245.28 with a stop-loss below the recent low of $232.80.
📉Short Entry:
* A short entry could be triggered below the recent low of $232.80 with a stop-loss above the recent high of $245.28.
🔑Key Levels to Watch:
* Support: $232.80, $220.00
* Resistance: $245.28, $250.00
⚠️Overall Outlook:
The current price action suggests a potential for a breakout in either direction. Traders should monitor the key levels and wait for a clear breakout signal before taking a position.
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