Current Price: $255.90 (+0.36%)

šŸ”‘ Key Levels to Watch:

Resistance:

$257.91 ā€“ A breakout here signals bullish continuation.

$264.39 ā€“ Strong barrier; clearing this confirms upward momentum.

Support:

$253.51 ā€“ Immediate level; holding this sustains bullish sentiment.

$251.47 ā€“ Deeper support; breakdown intensifies selling pressure.

šŸ“ˆ Market Insights:

RSI: Neutral at 50.30; poised to flip bullish if price breaks resistance.

MACD: Bearish momentum diminishing; consolidation hints at reversal.

šŸŽÆ Trading Strategy:

Bulls:

Entry: Near $253.51.

Targets: $257.91 ā†’ $264.39.

Stop-loss: Below $251.47.

Bears:

Entry: If $253.51 breaks.

Target: $251.47.

Stop-loss: Above $255.00.

āš” Actionable Insight:

Monitor volume and price action at these critical levels. Momentum could shift rapidlyā€”be prepared for both scenarios!

$SOL

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