🚨 $SOL /USDT: Approaching a Pivotal Zone! 🚨
$SOL is trading at 236.55, down 2.42%, as it approaches a key support level. The current consolidation phase hints at a potential breakout or further correction.
💡 Key Levels to Watch:
• Resistance: 242.11, 245.40, 250.00
• Support: 234.10, 230.00, 217.22
📉 Trade Strategy:
• Long Entry: Above 242.11, with targets at 245.40, 250.00, and 255.00.
• Stop Loss: 234.10
• Short Entry: Below 234.10, targeting 230.00, 225.00, and 217.22.
• Stop Loss: 242.11
⚠️ Note: With declining volume, SOL could see heightened volatility. A decisive move past resistance may signal bullish momentum, while losing support could lead to a further dip. Monitor closely!