$SOL /USDT
The current price of $SOL/USDT is $134.99, reflecting a 9.40% decline. Over the last 24 hours, the price has ranged between $132.21 and $149.21, with a trading volume of 4.78 million $SOL and 673.10 million USDT.
Potential Trade Strategy:*l
1. Long Position:
- Entry Point: $132.21 (24-hour low).
- Rationale:*This level presents a potential entry point for long positions, anticipating a rebound.
2. Short Position:
- Entry Point: the price breaks below $132.21.
- Rationale:A break below this level may signal a short opportunity, indicating further downward pressure.
Action Steps:
- Monitor the price movement around $134.99 to gauge market sentiment.
- Use 15-minute and 1-hour charts to identify precise entry and exit points.
- Make informed decisions based on real-time market conditions.
By carefully watching these levels and charts, short-term traders can potentially recover losses and even turn a profit.