๐Ÿ”ฎ Technical Analysis for $SOL /USDT ๐Ÿ”ฎ

๐Ÿ“ˆ Trading Signal: Bearish - Potential short-term downside movement

๐Ÿ”‘ Key Levels:

- Support: 161.31

- Resistance: 176.83

๐Ÿ“Š Entry Strategy: Consider short positions below 161.31

๐Ÿ” Key Insights:

- Bollinger Bands indicate a downside potential

- 4h chart shows a bearish trend formation

๐Ÿ’ฐ Price Prediction: Expected to reach 161.04 in the short term

๐Ÿ”Ž Observations:

- High trading volume on the 24h low price

- Price currently near the lower Bollinger Band

โš ๏ธ Risk Management: Set stop-loss orders to protect downside risk

๐Ÿ’ก Potential: Short-term profit opportunity with careful risk management

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