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$SOL Trade Alert 🚀
Current Price: $200.60(+6.66%)
Support: $195.00| Resistance: $201.50
Market Outlook:
$SOL is rebounding strongly off its support at $195.00, following a recent test of resistance at $205.. The RSI at 55.25 reflects neutral momentum, leaving plenty of room for a bullish continuation. Additionally, early recovery signals from the MACD align with improving sentiment.
Trade Setup 🎯
Entry: $200
Stop Loss: $198.00
Targets:
TP1: $205.00 (Short-term gain)
TP2: $208.00 (Momentum building)
TP3: $210.00 (Retest of resistance)
Why This Setup?
If $SOL sustains above support, a retest of its recent high at $201. is likely. The tight trading range and recovering indicators signal breakout potential. Watch price action and volume closely for confirmation—momentum is brewing.
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