$SOL Trade Alert – Watch These Critical Levels! 🚨
SOL is trading at $229.37, hovering near a key decision point. The next move could present a short-term trading opportunity depending on whether it breaks resistance or support.
💡 Key Levels to Watch:
• Resistance: $229.61 – A breakout above this level could push $SOL toward $230, offering a quick upward momentum play.
• Support: $227.63 – If $SOL fails to break resistance and drops below this support, expect further downside toward $226.41.
Trading Setup:
1️⃣ Bullish Scenario: Enter on a breakout above $229.61, targeting $230, with a stop loss at $228.80.
2️⃣ Bearish Scenario: Short if $227.63 is breached, aiming for $226.41, with a stop loss at $228.20.
Note: Stay cautious and manage your risk as volatility increases near these levels. Act quickly to capture profits!