This SOL/USDT 30-minute chart shows a potential ascending wedge formation 📈, indicating a possible breakout. The Ichimoku Cloud provides near-term support 🟩, while the EMA Ribbon aligns with bullish momentum 🚀. RSI at 56 reflects moderate strength without being overbought ⚖️. The price is testing the upper wedge resistance, signaling a key breakout level near $236. Targets could extend higher toward $240+, with risk managed by placing stop-losses below $232 ⛔. Keep an eye on volume and momentum confirmation for the next directional move 🔍.
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This TOTAL3 (crypto market cap excluding BTC and ETH) weekly chart illustrates a classic "cup and handle" pattern 📈, signaling a long-term bullish continuation. The breakout above the neckline confirms the pattern 🚀, with the Ichimoku Cloud providing solid support 🟩. EMA ribbons show strong bullish alignment, indicating momentum. RSI at 70 reflects overbought conditions ⚠️, suggesting a potential short-term pullback before further gains. The target projects significant upside potential, aligning with historical bullish patterns. Risk management is essential as price consolidates near the breakout zone for validation 🔍. So I am 99% sure SOL is Bullish .
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This Coinglass liquidation heatmap illustrates key price zones with high liquidation potential for SOL/USDT 📊. Bright yellow areas 🔥 above $240 signal leveraged positions, suggesting possible volatility spikes ⚠️. Watch closely for moves! 🔍
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Entry: 231.28$ or Market Price
1st Tp: 237.77
2nd Tp: 239.34
3rd Tp : 240.43
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$SOL