$SOL tirding signal 🚨
Current Price: $206.86 (-6.62%)
24h Range: $204.71 - $225.21
1. Trend: The price is below the MA(7), MA(25), and MA(99), indicating a strong bearish trend.
2. Volume: High trading volume suggests strong participation, especially during the downtrend.
3. Support: The nearest support level is around $204.71, the 24h low.
4. Resistance: Immediate resistance is at MA(25) around $210.68.
Trade Suggestions:
Long Entry: Above $211 (close above MA(25)), with a target of $217.
Short Entry: Below $204.50, aiming for $200 as a short-term target.
Stop Loss:
Long: $204
Short: $209
Outlook: Given the current bearish momentum, caution is advised for long positions until a strong reversal signal appears.
