$SOL SOL/USDT 📉 Recovering from Recent Dip!
📉 Current Price: $195.08 (-1.53%)
💥 24H High: $211.35
📉 24H Low: $175.26
⚡ Resistance Level: $200.00
🔑 Support Zone: $190.00
SOL saw a significant correction from its high of $211.35, dropping to a low of $175.26 before bouncing back above $195. The price is attempting to regain momentum, with $200 acting as a key resistance level for the next move.
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Trading Strategy
1️⃣ Upside Potential: A breakout above $200 could target $210 again.
2️⃣ Support Retest: Holding $190 is essential to maintain bullish momentum.
3️⃣ Stop-Loss Suggestion: Place at $185 to protect against further downside.
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📊 Market Insight: Trading volume shows signs of increasing as SOL recovers. Watch for a breakout above $200 to confirm bullish sentiment.