#AIMarketCapDip 🚀
$SOL /USDT, Technical Analysis & Trade Signal – Key Levels to Watch! 🚀
SOL
196.59
-8.83%
Current Market Overview:
Price: $195.75
24h High: $215. 23
24h Low: $194. 23
🔍 Technical Analysis for SOL/USDT:
1. Support Levels:
Primary Support: $193.14 (recent low)
Secondary Support: $190.00 (psychological level)
2. Resistance Levels:
Primary Resistance: $215. 89(24h high⬆️⬆️)
Secondary Resistance: $220.00
3. RSI:
Currently at 30 to 45, showing potential for oversold conditions and a reversal if the price holds steady..
5. Trend:
SOL is in a downtrend. Watch for a price reversal if it holds at $194. 55
💡 Trade Signal:
Sell/Short Entry:
Entry Point: $195.75 (current price)
Stop Loss: $180.00 (above resistance)
Target Levels:
1. Target 🚀1: $199. 78
2. Target🚀 2: $205.00
3. Target 3:🚀 $210.23
Bullish Scenario:
If SOL maintains support above $225.00 and breaks through the $235.00 resistance, it could signal a bullish continuation toward $246.00 and potentially $264.00.
Bearish Scenario:
A decline below the $225.00 support may lead to further downside toward $215.00 or even $208.00, indicating increased bearish momentum.
#BinanceAlphaAlert #BullCyclePrediction #OnChainLendingSurge $SOL