$SOL

/USDT: Charting the Next Move 🚀

Current Overview

Current Price: $221.02 (+1.60%)

24h High: $223.00

24h Low: $203.21

24h Volume: 6.45M SOL (~$1.38B USDT)

Solana continues its upward trajectory, with strong volume and momentum. The recent price action shows resilience, with a steady climb toward $223.

📈 Technical Indicators

MA/EMA: Trending above key moving averages, signaling strength.

Bollinger Bands: Bands expanding, indicating increasing volatility.

MACD: Positive divergence suggests continued bullish momentum.

Support Level: $211.50

Resistance Level: $223.00

🎯 Trade Setup for Upside Potential

Entry Point: $220 - $223 (breakout confirmation).

Stop-Loss: $210 (below key support).

Targets

1. Target 1: $230 – Minor breakout (4% gain).

2. Target 2: $240 – Momentum builds (8.5% gain).

3. Target 3: $250 – New highs on the horizon (13% gain).

⚡ Risk Management

Position Size: 2-3% of trading capital.

Trailing Stop: Secure profits as each target is hit.

Solana's path is clear. Will you seize the opportunity or watch from the sidelines? 🚀🌊

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