đš$SOL SOL/USDT ALERT: Ready for the Next Move! đš
$SOL is showing signs of potential recovery after a sharp decline, bouncing off the $221.80 support zone. With current price action at $228.92, traders should keep a close eye on the next critical levels for this promising rebound.
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đĄ Key Levels to Watch:
1ïžâŁ Resistance 1: $234.00 â Breaking this could ignite momentum toward higher levels.
2ïžâŁ Resistance 2: $239.66 â A test here signals bullish strength.
3ïžâŁ Resistance 3: $245.50 â A breakout above confirms bullish control.
đ Support Levels:
Immediate Support: $221.80 â A strong bounce shows this level's significance.
Key Fallback: $215.00 â Failure to hold could trigger further downside.
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âïž Trading Strategy:
â Long Entry: Above $234.00 with targets at $239.66 and $245.50.
â Stop Loss: Below $221.80 to manage risk.
đ Watch for volume surges to confirm moves and avoid false breakouts.
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đŹ What's Next?
SOLâs current structure hints at a recovery phase, but the key lies in breaking resistance zones with strong buying pressure. Will it surge, or is a retracement on the horizon?
Share your thoughts and trade setups below!