$SOL /usdt
Trade Signal:
Entry: $214.00 (Near support zone for a bounce)
Stop-Loss: $210.00 (Below critical support level)
Targets:
1. 🎯 Target 1: $216.50 (Short-term resistance)
2. 🎯 Target 2: $220.00 (Key breakout level)
3. 🎯 Target 3: $225.00 (Mid-term bullish target if momentum sustains)
Trade Momentum:
Short-term: Bearish to neutral (Look for confirmation of bounce at $214.00).
Mid-term: Neutral to bullish (If price breaks above $216.50 with volume).
Long-term: Bullish (Maintains strong fundamentals as a leading Layer 1 blockchain).
Strategy:
1. Monitor price action near $213.50-$214.00.
2. Look for bullish confirmation signals such as RSI divergence or MACD crossover.
3. Scale out profits at each target level or adjust stop-loss to breakeven after the first target is achieved.