$SOL

/USDT Strong Dip Move 💯 Ready For Recovery Update 🚀 💯

Current Price: $191.93 (+1.03%)

24h Range: $188.34 - $207.14

24h Volume: 4.56M SOL ($904.44M USDT)

Key Levels:

Support: $190.00, $188.00

Resistance: $195.00, $200.00

Indicators:

RSI: Neutral at 48, suggesting consolidation.

MACD: Slight bullish crossover on the 30m chart, indicating potential upward momentum.

Bollinger Bands: Price moving near the median band, signaling possible consolidation or a breakout.

Trade Strategy

Long Setup 🎯

Entry: Above $195.00 (confirmed breakout).

Targets:

1. $200.00

2. $205.00

3. $210.00

Stop-Loss: Below $192.50.

Short Setup 🎯

Entry: Below $190.00 (confirmed breakdown).

Targets:

1. $188.00

2. $185.00

3. $180.00

Stop-Loss: Above $192.00.

Recommendation:

Monitor volume spikes at $195 or $190 for confirmation of a breakout or breakdown.

Stay cautious as SOL is prone to rapid volatility in Layer 1 ecosystem activity.

Trade with tight stop-loss levels to manage risk effectively.

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