1.Moving Average (MA60):
SOL remains above the MA60, indicating bullish momentum.
Consider long positions if price holds above the MA60.📈
2.SOL/USDT Analysis: Key Points
$SOL Support and Resistance Levels:
Support (Previous): $126.39
Resistance (Current):** $136.75 -
Watch for price reactions around these levels.
3.Entry Strategy:
Buy Entry: Above $136.75 (breakout confirmation).
Stop Loss: Below $126.39 (previous support).
4.Summary:
$SOL is in an uptrend.
Monitor price action near support/resistance.
Trade with risk management in mind.
:Remember to conduct further research and adapt your strategy based on real-time market conditions. 🚀🔍