🚨$SOL /USDT Analysis🚨

📊The Solana (SOL) price has been on a bullish run, breaking above the $234.14 resistance level. The current price is $234.14, with a 24-hour trading volume of $1.83 billion.

📈Long Entry:

* Entry: $234.14 (current price)

* Stop Loss: $212.10 (24-hour low)

* Take Profit: $242.33 (24-hour high)

📉Short Entry:

* Entry: $242.33 (24-hour high)

* Stop Loss: $234.14 (current price)

* Take Profit: $212.10 (24-hour low)

💹Analysis:

The Relative Strength Index (RSI) is currently above 50, indicating bullish momentum. However, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, suggesting a potential price correction. Traders should monitor the price action closely and be prepared to adjust their positions accordingly.

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