$SOL /USDT 4 Hour Analysis šš
1. Support Levels:
- The recent low around $154.34 is a support level.
- Another potential support is around $143.71, which is the MA(99) line.
2. Resistance Levels:
- The recent high around $163.80 is a resistance level.
- The next significant resistance could be around $165.30.
3. Breakout Possibilities:
- If the price breaks above the $163.80 resistance level with strong volume, it could indicate a bullish breakout.
- Conversely, a break below the $154.34 support level could indicate a bearish breakout, potentially testing the $143.71 support.
Considering the moving averages and volume trends:
#Megadrop #BinanceTournament #ETHETFsApproved #Write2Earn! #BinanceTurns7