$SOL

/USDT: Slight Decline Within Layer 1 Sector💥💯📈

SOL/USDT is experiencing a minor decline of 2.17% in the last 24 hours. The price remains near its recent highs, with a slight pullback observed. The price action is still relatively stable within a narrow range, which may indicate consolidation before any significant price move.

Trading Overview

Price: $194.63

24h High: $200.54

24h Low: $193.89

24h Volume (SOL): 1.88M

24h Volume (USDT): 370.35M

24h Change: -2.17%

Trade Plan

Entry Zone: $193.90 to $194.50 for potential support bounce.

Target Levels:

1. $198.00 as initial resistance.

2. $200.00 as the mid-term target.

3. $205.00 as the final resistance.

Stop Loss: $190.00 to mitigate risk in case of further downside.

Market Sentiment

SOL/USDT is currently consolidating near support around $194.63, and it remains within a key range for potential continuation or reversal. Monitoring Layer 1 sector performance and broader market trends is essential for further price action prediction.

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