š $SOL /USDT - Layer 1 Giant Making Moves š
Current Price: $198.53 (+3.50%)
Volume (24h): 2.82M $SOL | $560.04M USDT
Trading Strategy Update - December 25, 2024
Price Analysis & Targets
š Target 1: $202.00
š Target 2: $210.00
š Target 3: $220.00
Key Resistance: $201.85 (24h High)
Support Level: $190.56 (24h Low)
Trend: Bullish momentum supported by strong volumes and EMA signals.
Trade Insights
Short-Term Strategy: Look for a breakout above $202. Secure partial profits near $210 and $220.
Long-Term Strategy: Monitor $190 as a critical support for re-entry.
Indicators in Play:
EMA & Bollinger Bands: Indicate sustained bullish momentum.
MACD: Positive crossover confirming buying pressure.
SAR: No immediate signs of reversal.
š” Risk Management: Adjust stop loss to $195 to safeguard against downside risk.
š Chart reflects strong upward momentum with potential for a breakout above $202, leading to new highs.
š Stay tuned for updates on price movement and next targets!