🚨 $SOL /USDT BREAKOUT IN PROGRESS – WATCH THESE KEY LEVELS! 🚨
Solana ($SOL ) is currently trading at $257.19, showing a slight dip of -0.26% in the last 24 hours. However, the price is sitting near key levels that could signal a big move. Here's what you need to know:
📈 Current Price: $257.19
📊 24-Hour High: $264.00
📉 24-Hour Low: $251.47
🔑 Key Levels to Watch:
1. 🚀 Immediate Resistance: $264.00 – This is the major resistance level to break. A push above this could trigger a strong rally with the next targets on the horizon.
2. 📉 Key Support: $251.47 – If Solana tests this level, it will be crucial for bulls to maintain support here. If it holds, expect another bounce to the upside.
3. 💥 Next Major Target: $265.04 – Once Solana breaks past $264.00, we’re eyeing $265.04 as the next critical target for a possible further rally.
💡 What’s Next?
A breakout above $264.00 could send $SOL skyrocketing towards the next target at $265.04.
A dip and hold above $251.47 would suggest the bulls are still in control.
🎯 Trade Strategy:
Long Position: Above $264.00, target $265.04 and beyond.
Short Position: Below $251.47, target $240.36.
📉 Important Note: The market is volatile, so be ready for potential moves in either direction. Keep an eye on volume and price action to confirm breakouts or retracements.