$SOL /USDT Analysis: Potential Rebound from Critical Levels
$SOL is currently trading at $189.56, recovering from its 24-hour low of $182.00. The price shows signs of strength, approaching key resistance levels as buyers gain momentum.
Trade Setup
Entry Point: $189.56
Targets to Watch
1. First Target: $195.50
2. Second Target: $200.00
3. Third Target: $205.00
Support Levels
Immediate support at $185.00. A break below this could lead to a retest of $182.00.
Analysis
Indicators like RSI suggest a possible continuation of the upward trend, supported by increased volume. Watch for a breakout above $195.50 to confirm bullish momentum. Failure to hold $185.00 could indicate further consolidation.