According to 1 month timeframe there is already cup and handle pattern, but sol will make another channel between 235 to 200 for next big movie 👍🏻

**Price Prediction for SOL/USDT**
- If $SOL breaks the resistance at **$264.39**, it could rally to **$277.21** or higher.
- If it falls below **$226**, the price may retest the support at **$183.20**, creating a buying opportunity.

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**Market Overview**
SOL is currently trading at **$226.23**, reflecting a daily drop of **1.64%**. Despite this dip, the token has shown impressive growth of **234.39%** over the past year, signaling strong long-term potential.

**Key Trends:**
- **Bullish Momentum:** SOL has experienced a significant uptrend since early 2024, fueled by its scalable ecosystem.
- **Resistance at $264.39:** A critical level that SOL must surpass for further gains.
- **Support at $183.20:** A strong safety net where buying interest is likely to increase.

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**Investment Strategies**
1. **For Long-Term Investors:**
- Use **Dollar-Cost Averaging (DCA)** to build positions.
- Focus on dips near **$183.20** for potential value opportunities.

2. **For Swing Traders:**
- Trade within the range of **$183** to **$264**, buying near support and selling near resistance.
- Use stop-loss orders below key levels to manage risk.

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**What to Watch Next**
- **Breakouts or Rejections** near resistance and support levels.
- **Solana Ecosystem News:** Partnerships, upgrades, or adoption trends can influence price.
- **Broader Market Sentiment:** Bitcoin and Ethereum movements or regulatory updates may impact SOL.

**Takeaway:**
SOL is consolidating but retains strong long-term potential. Stay cautious around **$226**, and watch for either a breakout or a dip for better entry points.
#Write2Earn!