$SOL

/USDT Technical Analysis – Eyeing Key Targets 🎯

Solana (SOL) is showcasing strong momentum in its current upward trend. Here's a closer look at its performance and key targets:

Current Price: $245.62 (+2.38%)

Support Level: $240.00 – A potential buy zone for traders seeking to enter the market on dips.

Target 1: $250.00 – Immediate resistance; breaking this could signal further bullish moves.

Target 2: $260.00 – A key level to watch, aligning with market optimism.

Target 3: $270.00 – A strong psychological barrier, achievable with sustained momentum and volume.

Market Sentiment:

Solana is trading near its 24h high of $248.63, supported by robust 24h volumes (6.87M SOL).

Indicators on the 1H chart show consolidation, suggesting a potential breakout.

What to Watch:

A close above $250.00 could confirm bullish dominance.

Caution is advised near $240.00 as it serves as critical support.

Trade strategically and monitor updates on Binance for real-time insights!

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