๐ $SOL /USDT: Cup & Handle Pattern Sparks Hope! โ๏ธ
$SOL is dancing near resistance at 215.00, forming a captivating Cup & Handle pattern on the 1-hour chart. ๐ง Will the bulls break through and soar higher? ๐ฆ
๐ Trade Setup:
* Entry: 215.00
* TP1: 220.00
* TP2: 230.00
* TP3: 240.00
* SL: 205.00
Support is holding strong at 205.00, while resistance looms at 220.00. โ๏ธ A decisive breakout above 220.00 could ignite a bullish rally, aiming for 230.00 and potentially even 240.00! ๐ But beware! A slip below 205.00 could trigger a bearish reversal.
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๐ Market Outlook:
$SOL is currently consolidating above 205.00 support, showcasing bullish strength. ๐ A successful break above 220.00 confirms bullish momentum, while a failure to hold above 205.00 could lead to a pullback. ๐
