🚀 $SOL

/USDT Technical Analysis & Key Targets 🎯

Current Price: $240.43 (+2.33%)

24h High/Low: $243.11 / $232.80

Volume (24h): $566.66M

🔍 Analysis:

SOL has been trading within a tight range, with strong bullish momentum visible on higher timeframes. The breakout above $240 suggests further upward movement. However, traders should watch for potential resistance and profit-taking zones.

🎯 Targets for SOL/USDT:

1. Target 1 – $245:

Immediate resistance lies at $245. Breaking this level could signal the continuation of the uptrend. This is a crucial area for short-term traders.

2. Target 2 – $255:

If SOL sustains above $245, the next target is $255, aligning with key Fibonacci retracement levels and a psychological barrier.

3. Target 3 – $270:

A successful rally above $255 could push SOL to $270, marking a significant milestone and a potential zone for long-term investors to consider partial profit booking.

Support Levels:

$232: Short-term support to watch for consolidation.

$220: A key level to prevent deeper corrections.

📊 Strategy:

Keep an eye on volume and market sentiment. A breakout above $245 with high volume could confirm the bullish trend. Use stop-losses below $232 to manage risk effectively.

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