$SOL /USDT Trading Signal - Potential Retracement in Play
Entry Zone: $220.50 - $223.00
Targets: $227.00 / $230.50 / $235.00
Stop Loss: Below $215.00
Market Insights:
SOL/USDT has shown strong upward momentum, reaching a 24h high of $227.56 before retracing to $221.08. The price remains volatile but is holding near key support at $219-$221, suggesting a consolidation phase. A breakout above $223.00 could signal a continuation toward the recent highs.
Next Move:
Look for volume confirmation near the $220.50-$223.00 entry zone. A sustained move above $223 will likely push SOL towards the next resistance levels. Set a stop-loss to manage risk.