$SOL
๐ SOL/USDT: Technical Analysis โ Is $250 Next? ๐ฅ
SOL/USDT is currently trading at $244.06, showing bullish momentum as it approaches a critical resistance zone. Hereโs what to watch:
Support Level: $235.00 โ A strong zone where buyers have been stepping in to defend against price drops.
Resistance Level: $250.00 โ The key level to break for SOL to continue its upward trajectory.
The price is trending higher, fueled by growing demand and market optimism. A break above $250.00 could open the door for a rally toward $260.00 or higher, while a drop below $235.00 may signal a bearish pullback, targeting $225.00 as the next support.
๐ก Entry Strategy:
Bullish Entry: Above $250.00 with volume confirmation, targeting $260.00 and beyond.
Bearish Entry: Below $235.00 if selling pressure intensifies, aiming for lower levels.
SOLโs price action suggests a pivotal breakout could be near. Will the bulls push it past $250.00 and toward new highs, or will bears take over? Stay alertโSOL could be ready for a big move! ๐ฅ๐
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