๐ $SOL /USDT Recovery in Progress: Opportunity Awaits! ๐
After testing a low of $175.26, $SOL has started to stabilize and is now trading at $181.74 (-1.03%), showing signs of a potential bounce-back from recent declines.
The 1-hour chart suggests a consolidation phase with a possible breakout if the price regains momentum. Key levels to watch for include:
Resistance: $187.87
First Target: $192.26
Support Zone: $176.48
Trading Plan:
Entry Point: $181.74
First Target: $187.87
Second Target: $192.26
Stop Loss: $176.50
The market seems poised for a rebound, making this a lucrative short-term opportunity. Tighten your stop-loss to reduce exposure and monitor for increased buying pressure at the resistance zone! Stay alert for a decisive move to capitalize on this momentum.