$SOL /USDT Trading Signal – Consolidation Before the Next Move

Observation: The $SOL /USDT pair is trading at $217.05, following a rejection from the $219.83 level. With support holding at $212.09, the pair is preparing for its next potential move.

Trade Setup:

Entry Zone (Long): $215.00 - $217.50

Targets:

1. Target 1: $220.00 (Immediate resistance)

2. Target 2: $225.00 (Breakout level)

3. Target 3: $230.00 (Extended bullish target)

Stop Loss: $210.00 (Below strong support)

Market Insight: With significant Layer 1 activity and volume backing the momentum, $SOL shows a strong tendency to push past $220 if the market sustains its bullish sentiment. Traders should monitor for increased volume and higher lows to confirm the uptrend.

Pro Tip: Take partial profits at each target and trail your stop loss to secure gains as the price advances.

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