šØ $SOL ALERT: Major Move Expected ā Be Prepared! šØ
$SOL is trading at 255.95, showing a strong rebound with a +4.15% gain in the last 24 hours. After a dip to 252.93, SOL has regained momentum, signaling a possible breakout or rejection at key levels.
š” Key Levels to Watch:
ā¢ Resistance: 256.56 ā A breakout here could drive SOL toward 260.00 and potentially 264.00.
ā¢ Support: 252.93 ā If $SOL fails to hold this level, a decline toward 248.00 may follow.
š Bearish Scenario:
ā¢ A breakdown below 252.93 may lead to further losses toward 248.00 and 245.00 as bearish pressure intensifies.
š Bullish Scenario:
ā¢ A breakout above 256.56 could ignite a rally toward 260.00, with the potential to test 264.00 if momentum sustains.
ā ļø Trade Setup:
ā¢ Long Entry: Above 256.56. Targets: 260.00, 264.00, 270.00. Stop Loss: 254.00.
ā¢ Short Entry: Below 252.93. Targets: 248.00, 245.00, 240.00. Stop Loss: 255.00.
Note: With $SOLās recent volatility, ensure tight risk management and wait for confirmations before entering trades.