The SOL/USDT chart is lighting up with bullish signals, and the market is buzzing with excitement. Letโs break down the technicals and why Solana could be gearing up for its next major move.
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Key Highlights from the SOL Chart
๐ Bull Flag Pattern on 4-Hour Chart
A textbook bull flag formation suggests a continuation of the uptrend.
Consolidation within the flag hints at a potential breakout, targeting $378.
๐ RSI Indicates Room to Run
RSI levels show the price isnโt overbought, signaling space for further upside.
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Altcoin Market Support: TOTAL3 Chart
๐ Cup-and-Handle Formation
TOTAL3 (crypto market cap excluding ETH) shows a bullish continuation pattern.
Breakout above resistance highlights heightened buying momentum.
Target for the broader altcoin market: $2.1T, reflecting strong optimism.
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SOL/USDT Heatmap Insights
๐ฅ Liquidity Zones Around $230
Buyers and sellers are heavily concentrated around $230, suggesting a strong support level.
Persistent consolidation indicates bullish momentum building for a breakout.
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Trade Strategy for SOL/USDT
๐ก Entry Point: $229.59 or Market Price
๐ฏ Targets:
1st TP: $257.02
2nd TP: $306.40
3rd TP: $359.24
๐ก Pro Tip:
This signal is for spot trading. For futures strategies, check out my Binance Live sessionsโclick on my profile to join the action!
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Community Buzz
๐ฌ โSol is so stubborn!โ
๐ฌ โHow long to $378?โ
๐ฌ โ$210 next? Not a chance!โ
Will SOL hit $378 soon? Let us know your predictions below!
