🚨 $SOL /USDT Technical Analysis 🚨

Current Price: $216.82 USDT

🕒 4H Chart Analysis

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📊 Market Overview:

24h High: $227.56

24h Low: $213.26

Trend: Consolidation near key support with potential for breakout or breakdown.

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🔵 Long Trade Setup (Bullish Bias):

Entry Level: $218.00 - $220.00 (Confirmation above resistance)

Target 1: $225.00

Target 2: $230.00

Stop-Loss: $215.00

⏳ For traders expecting a reversal and upward momentum.

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🔴 Short Trade Setup (Bearish Bias):

Entry Level: $216.00 - $214.50 (Breakdown confirmation)

Target 1: $210.00

Target 2: $205.00

Stop-Loss: $220.00

⏳ Ideal setup for those anticipating a continuation of the downtrend.

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📈 Key Observations:

SOL is consolidating between $213.00 (support) and $220.00 (resistance).

Volume is decreasing, signaling a potential big move soon.

A breakout above $220.00 will indicate bullish continuation, while a breakdown below $214.00 may trigger further downside.

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💡 Trade Smart:

Use proper stop-losses and trailing stops to manage risk.

Watch for volume confirmation at entry points to avoid false signals.

Secure partial profits at initial targets.

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🔗 Next Potential Targets:

🚀 Upside: $230.00 | 📉 Downside: $205.00

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