๐ $SOL /USDT Technical Analysis โ Is This the Perfect Dip to Buy?
๐ Current Price: $212.75 (-8.56%)
๐ Timeframe: 4H | 1D
๐ Technical Overview:
๐น Support Levels: $206 โ $208 (Key Zone)
๐น Resistance Levels: $220 โ $225 (First Major Hurdle)
๐น 200 EMA: Holding near $210, possible bounce
๐น RSI: 38 (Near Oversold, Potential Reversal)
๐น MACD: Weak bearish momentum, reversal chances increasing
๐ฏ Trade Signal โ Short-Term Strategy
๐ฅ Trade Momentum: Oversold Zone | Possible Rebound
๐ Entry Zone: $207 โ $210 (Gradual Buying Recommended)
๐ฏ Target 1: $218 (Initial Resistance)
๐ฏ Target 2: $225 (Breakout Confirmation)
๐ฏ Target 3: $232 (Bullish Strength Zone)
โ Stop Loss: $202 (If Support Breaks)
โก Whatโs Next for SOL?
โ If $220 Breaks, expect a move towards $225+ ๐
โ ๏ธ If $206 Fails, SOL may drop to $195 โ $200
๐ Note: BTCโs movement will play a key roleโstay cautious and manage your risk!
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