🚨 Market Analysis $SOL / USDT

VOTE & EARN

Current Price: $158.77 (-0.18%)

💸Currently, SOL is consolidating around $159.20 after facing resistance near $162.00. The market is showing some indecision with the recent volatility in price.

🔹️Resistance: The immediate resistance is at $162.00. A break above this level could propel SOL towards $165.00 and $170.00.

🔹️Support: The key support is at $155.50. A drop below this level could see SOL retrace towards $150.00.

🔰Trading Strategy:

⬆️Long trade: Enter above $162.00, targeting $165.00 and $170.00 with a stop loss at $155.50.

⬇️Short trade: Enter below $155.50, targeting $150.00 and a stop loss at $162.00.

#Solana⁩

#DOGSONBINANCE #BNBChainMemecoins #PowellAtJacksonHole #Write2Earn!