🚨 $SOL Trade Signal: Momentum Building – Big Move Incoming! 🚨
$SOL is trading at $244.37, up +3.20%, showing signs of strength near resistance. A breakout or rejection at these levels could set the tone for the next move.
Reason:
$SOL has been consolidating near its resistance of $246.14 after a steady uptrend. If it breaks this resistance, it could trigger buying momentum, while rejection could lead to a pullback toward support levels.
🔵 Long Entry: Above $246.20
Target 1: $250.00
Target 2: $255.00
Target 3: $260.00
Stop Loss: $240.00
🔴 Short Entry: Below $236.90
Target 1: $230.00
Target 2: $225.00
Target 3: $220.00
Stop Loss: $242.00
⚠️ Why this matters: A breakout would confirm bullish momentum, while a rejection signals bearish sentiment. Monitor volume and price action carefully!
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