#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.

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