✅$SOL /USDT Technical Analysis
🚨………………..Achieve goals 🤞🔥
🔍 Market Overview
Current Price: $197.30 (-7.91% in the last 24 hours)
24h High: $214.36
24h Low: $193.14
Volume (24h):
SOL: 5.05M
USDT: 1.02B
Parabolic SAR (0.02, 0.2): $194.12 (indicating a bearish trend for now).
📊 Key Levels to Watch:
🎯 Target 1: $212.73 (Short-Term Resistance)
This level represents a key psychological and technical resistance.
If SOL gains momentum, breaking above this level could trigger more buying interest.
🎯 Target 2: $223.18 (Medium-Term Target)
A crucial level for traders, as it aligns with order book depth and recent consolidation zones.
Breaking this target would indicate strong bullish sentiment.
🎯 Target 3: $240.00 (Long-Term Bullish Target)
A potential long-term resistance point.
Achieving this level depends on broader market recovery and strong volume support.
📉 Bearish Scenario:
If SOL fails to hold above the $193.14 support level, we may see further declines toward $180-$185.
💡 Trading Strategy Suggestions:
1. Short-Term Traders: Watch for consolidation near $200 for potential scalp trades.
2. Swing Traders: Look for a breakout above $212 to target $223.
3. Risk Management: Place stop-losses below $193 to limit downside exposure.
Keep an eye on Binance order books and volume spikes for real-time trade opportunities. Let’s see how the SOL/USDT market plays out!
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