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Pair: $SOL /USDT Timeframe: 15-minute chart Bullish Scenario (Breakout Above Resistance) 📈 Entry: Place a buy order above $217.50 once the price breaks and closes above the descending trendline. 🚫 Stop-Loss: Below the support zone at $216.00. 🎯 Target 1: $219.50 🎯 Target 2: $221.00 Bearish Scenario (Breakdown Below Support) 📈Entry: Place a sell order below $216.00 if the price breaks and closes below support. 🚫 Stop-Loss: Above $217.50. 🎯 Target 1: $214.50 🎯 Target 2: $213.00 Technical Setup: The chart shows a descending triangle pattern, indicating potential price compression and an impending breakout.Price is approaching a key support level near $216.49.The Parabolic SAR is positioned above the price, signaling a bearish trend currently in place.The downtrend line acts as resistance, and the support zone around $216.50 has held multiple times. Trade Plan Additional Notes Watch for increasing volume during the breakout to confirm the move.Avoid entering a trade without a clear breakout confirmation.If price consolidates further without breaking either key level, stay on the sidelines until a clear direction is established. #solana #BullCyclePrediction
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