🚀 $SOL
/USDT: Preparing for the next move!
Solana ($SOL ) price action has caught the attention of traders today. With a recent high of $194.39 and current consolidation at $189.25, all eyes are on the next breakout level. Here's a breakdown of the current scenario and key targets.
Current Price: $189.25 (+0.31%)
24-Hour High: $194.39
24-Hour Low: $185.58
Key Targets:
1. Immediate Resistance: $192.50
2. Major Resistance: $197.00
3. Breakout Zone: $200.00
Market Outlook:
A bullish break above $192.50 could push $SOL towards $197.00 and eventually challenge the psychological barrier of $200.00.
However, failure to hold above the $188.00 support could lead to a retest of $185.50, a key level to watch.
Trading Strategy:
Bullish Entry: On Break Above $192.50.
Cautious approach: If the price drops below $185.50.
Stay tuned for Solana price action. Watch for volume spikes and key support/resistance levels to help you trade.