🚨 $SOL /USDT pair trading at $216.52, reflecting a 1.40% increase in the last 24 hours. Key insights:

1. 24H Range: SOL has moved between $212.09 (low) and $219.83 (high), with the upper level forming immediate resistance.

2. Volume: A trading volume of 2.74M SOL, equivalent to $594.24M USDT, suggests moderate market activity. However, this is insufficient to sustain strong momentum.

3. Technical Levels:

Immediate resistance at $219.83; a breakout here could lead to $221.50.

Support lies near $209.08, previously tested during the bullish run.

The $185.89 level marks a significant demand zone, reflecting the start of the recent uptrend.

4. Price Action: The price is consolidating below $219.83, forming a potential bullish flag pattern. If confirmed, this could lead to another upward breakout.

Signal:

Bullish Breakout: Buy above $220 with targets at $225 and $230, placing a stop loss at $212.

Pullback Opportunity: Accumulate near $209 if the price retraces, with targets at $216 and $220.

Monitor trading volume and confirmation signals before executing trades.

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