The SOL/USDT chart is lighting up with bullish signals, and the market is buzzing with excitement. Letās break down the technicals and why Solana could be gearing up for its next major move.
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Key Highlights from the SOL Chart
š Bull Flag Pattern on 4-Hour Chart
A textbook bull flag formation suggests a continuation of the uptrend.
Consolidation within the flag hints at a potential breakout, targeting $378.
š RSI Indicates Room to Run
RSI levels show the price isnāt overbought, signaling space for further upside.
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Altcoin Market Support: TOTAL3 Chart
š Cup-and-Handle Formation
TOTAL3 (crypto market cap excluding ETH) shows a bullish continuation pattern.
Breakout above resistance highlights heightened buying momentum.
Target for the broader altcoin market: $2.1T, reflecting strong optimism.
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SOL/USDT Heatmap Insights
š„ Liquidity Zones Around $230
Buyers and sellers are heavily concentrated around $230, suggesting a strong support level.
Persistent consolidation indicates bullish momentum building for a breakout.
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Trade Strategy for SOL/USDT
š” Entry Point: $229.59 or Market Price
šÆ Targets:
1st TP: $257.02
2nd TP: $306.40
3rd TP: $359.24
š” Pro Tip:
This signal is for spot trading. For futures strategies, check out my Binance Live sessionsāclick on my profile to join the action!
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Community Buzz
š¬ āSol is so stubborn!ā
š¬ āHow long to $378?ā
š¬ ā$210 next? Not a chance!ā
Will SOL hit $378 soon? Let us know your predictions below!
