$SOL

/USDT: Technical Analysis Update 🎯

Current Price: $255.23 (+2.02%)

24h Range: $248.51 - $264.39

Volume: 6.63M SOL / $1.71B USDT

Key Analysis & Targets

SOL/USDT is showing bullish momentum, breaking key resistance levels. Here's what to watch:

🎯 Target 1: $260.00

Reason: Near-term resistance as SOL tests the upper boundary of its 24h high.

Strategy: Consider partial profit booking here if momentum weakens.

🎯 Target 2: $270.00

Reason: A strong breakout level, aligning with past resistance. This level will confirm a bullish continuation.

Strategy: Monitor volume closely; high buying pressure could push SOL higher.

🎯 Target 3: $280.00

Reason: Major psychological level. A breakout beyond this will indicate a strong trend shift.

Strategy: Use stop-losses to lock in profits while letting the trade run.

Support Levels

$252.00: Short-term support.

$248.50: 24h low; key support to hold the bullish trend.

Trading Tips

Bullish Case: If SOL closes above $264.39 today, it may accelerate toward $270.

Bearish Case: A drop below $248.50 might signal consolidation or a reversal.

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