$SOL

/USDT Technical Analysis and Strategy๐Ÿ“ˆ๐Ÿ“Š

Current Price: 217.30 USDT

24h Change: -2.34%

24h High: 228.95 USDT

24h Low: 213.55 USDT

Volume: 5.42M SOL / 1.20B USDT

Sector: Layer 1

Key Levels to Watch

Target 1: 220 USDT

A short-term resistance point just above the current price. A breakout could bring the price toward 220.

Target 2: 225 USDT

If upward momentum continues, 225 could be the next significant level to test.

Target 3: 230 USDT

A breakout past 225 might drive the price towards the 24h high of 228.95, with 230 as the next key resistance.

Entry and Stop

Entry: 217.30 USDT

Consider entering if the price consolidates above 215 or breaks through 220 for confirmation of upward movement.

Stop Loss: 213.00 USDT

Place stop loss below 213.55 to protect against further downside if the price retraces.

Pro Tip

With a large volume of 1.20B USDT, SOL could experience significant moves. Watch for any volume spikes or RSI divergence to confirm trends at key levels like 220 and 225.

Monitor the price action carefully and adjust your strategy as SOL/USDT approaches these resistance zones!

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