🔥🔥🔥technical analysis for $SOL /USDT along with a trade signal and three target levels🔥🔥🔥

Technical Analysis:

Current Price: $198.65

24h High: $201.85

24h Low: $193.35

Support Levels:

First Support: $193.35 (24h Low)

Second Support: $190.00

Third Support: $185.00

Resistance Levels:

First Resistance: $201.00

Second Resistance: $205.00

Third Resistance: $210.00

Trade Signal:

Trend: Bullish short-term, based on the recent uptrend of +1.99% and the price holding above $195.00.

Buy Signal: Consider buying near the support level at $193.35 or $190.00, with the expectation that SOL will bounce back.

Sell Signal: If the price approaches $201.00 (first resistance) or higher levels like $205.00, it might be a good point to secure profits or consider a short position if the price reverses.

Target Levels 🎯:

1. First Target: $201.00 – This aligns with the first resistance level. If the momentum continues, this could be a potential price point to exit.

2. Second Target: $205.00 – A strong level of resistance; expect some profit-taking here.

3. Third Target: $210.00 – If the bullish momentum strengthens further, this is the next psychological resistance level.

Trade Momentum:

The momentum is currently positive with the price above the support levels. RSI and MACD indicators would ideally show buying momentum (if analyzed) for confirmation of the uptrend continuation.

Watch for any reversal signs or bearish patterns (e.g., head and shoulders, double top) that may signal a potential pullback.

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