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šŸšØ $SOL /USDT Analysis AlertšŸšØ

Current Price:$138.41 (-2.94%)

We're observing some bearish pressure on SOL, which is currently hovering around the $138 level. If the price breaks below the current support zone (purple), we could see a further decline toward the $120 area (blue). However, a strong bounce from this zone could target the $160 region (yellow) for a potential bullish reversal.

Action Plan:

- Short Trade:Consider entering below $138 with a target around $120. Set your stop loss just above the support zone.

- Long Trade:If SOL manages to hold this support and move upward, look for a break above $150 to target $160.

Stay sharp, and watch for confirmations! šŸ“‰šŸ“ˆ

#SolanaUSTD #MarketDownturn #BinanceTurns7 #bullbanter #BlackRockETHOptions