$SOL /USDT Trading Analysis

Current Price: $239.57
24H High: $240.60
24H Low: $215.00

Trend Setup

Short Scenario (Bearish):

Resistance Level: $240.60 (24H High)If SOL fails to break above $240.60 and shows weakness, short entry can be considered.Target 1: $235.50Target 2: $230.00Stop-Loss: $242.50 (tight SL above resistance).

Long Scenario (Bullish):

Support Level: $239.00 and $215.00 (24H Low).If SOL holds $239.00 and breaks above $241.00, long entry can be considered.Target 1: $245.00Target 2: $250.00Stop-Loss: $236.50 (below recent support).

Momentum Indicators

RSI: Neutral zone but slightly leaning bullish due to recent 5.30% gain.Volume: Significant trading volume at $1.6B suggests high activity—ideal for scalping or swing trades.

Action Plan

If price shows rejection at $240.50-$241, go short with close targets.If SOL breaks $241 convincingly, go long targeting $245-$250.

#WeAreAllSatoshi #CPIUpdateOctober #SolanaUSTD #SolanaStrong