🚨 $SOL ALERT: Major Move Expected – Be Prepared! 🚨
$SOL is trading at 255.95, showing a strong rebound with a +4.15% gain in the last 24 hours. After a dip to 252.93, SOL has regained momentum, signaling a possible breakout or rejection at key levels.
💡 Key Levels to Watch:
• Resistance: 256.56 – A breakout here could drive SOL toward 260.00 and potentially 264.00.
• Support: 252.93 – If $SOL fails to hold this level, a decline toward 248.00 may follow.
📉 Bearish Scenario:
• A breakdown below 252.93 may lead to further losses toward 248.00 and 245.00 as bearish pressure intensifies.
🚀 Bullish Scenario:
• A breakout above 256.56 could ignite a rally toward 260.00, with the potential to test 264.00 if momentum sustains.
⚠️ Trade Setup:
• Long Entry: Above 256.56. Targets: 260.00, 264.00, 270.00. Stop Loss: 254.00.
• Short Entry: Below 252.93. Targets: 248.00, 245.00, 240.00. Stop Loss: 255.00.
Note: With $SOL’s recent volatility, ensure tight risk management and wait for confirmations before entering trades.