🚀 $SOL

/USDT Technical Analysis 🚀

The SOL/USDT pair has shown strong momentum over the past 24 hours, currently sitting at $220.08 (+3.78%). With the recent bullish sentiment, let’s dive into the key price levels and targets for potential trading opportunities.

🔹 Key Levels to Watch 🔹

1️⃣ Target 1: $220.50

A strong resistance point is forming around $220.50. If SOL maintains its upward momentum and breaks this level, we could see a continued rally toward higher levels.

2️⃣ Target 2: $230.00

If the market stays bullish and the price surpasses $220.50, $230.00 becomes the next crucial resistance. A push beyond this level would likely trigger more buying activity, taking us to new highs.

3️⃣ Target 3: $240.00

In a more aggressive bullish scenario, $240.00 is the next psychological level to watch. A break above here could lead to a significant move upward, signaling a continued uptrend for SOL.

🔹 Support Levels 🔹

On the flip side, $200.67 serves as a strong support level. If price action turns bearish, expect SOL to test this area before a potential rebound.

🔹 Overall Trend 🔹

The short-term trend is looking positive with higher highs and higher lows. The current price action and volume confirm that SOL could maintain its bullish momentum.

💡 Trade Wisely 💡

Monitor price action closely at these levels. Be sure to set your stop-loss orders near key support to manage risk effectively.

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