$SOL /USDT Price Analysis: Bulls Driving Momentum Higher
$SOL/USDT is showing strong bullish momentum, currently trading at $217.81 with a 4.92% gain over the past 24 hours. The price has moved from a low of $208.00 to test a 24-hour high of $221.00.
Key Levels to Watch:
Resistance: $221.00
Support: $213.00
Trade Setup:
Entry Point: Around $217.81
Targets:
1. $225.00 (short-term)
2. $230.00 (psychological level)
3. $240.00 (extended rally)
Risk Management:
Stop-loss: $213.00
A breakout above the $221.00 resistance could trigger further gains, pushing $SOL towards the $230.00 level. With increasing volume and bullish sentiment, SOLlooks set for continued upward momentum, offering potential for higher targets in the near term.
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