🚨 $SOL /USDT ALERT: Testing Key Resistance – Major Move Ahead! 🚨
SOL/USDT is trading at $240.50, up 6.27%, showing strong upward momentum after rebounding from recent lows. The 15-minute chart highlights consistent buying pressure as it challenges critical resistance levels.
💡 Trade Setup:
Entry Price: $240.50
Stop Loss: $238.00 (to minimize downside risk)
💡 Key Levels to Watch:
Resistance Levels:
1. $241.14 (immediate resistance)
2. $245.00 (short-term bullish target)
3. $250.00 (long-term bullish goal)
Support Levels:
1. $238.26 (near-term support)
2. $234.92 (key retracement zone)
⚠️ Cautionary Note:
A breakout above $241.14 could trigger a bullish rally toward $245.00 and $250.00. However, failure to hold $238.26 may lead to a retracement toward $234.92. Stay cautious and use tight risk management in this volatile zone.
