🚨 $SOL /USDT AT CRITICAL RESISTANCE – WILL THE BULLS PUSH HIGHER? 🚨
SOL/USDT is trading at $225.93, showing a modest gain of 0.27% as it consolidates near its 24-hour high of $227.51. With buyers stepping in after the recent low of $220.60, the market is gearing up for a potential breakout.
Key Levels to Watch:
Resistance Targets:
Target 1: $230.75
Target 2: $240.00
Target 3: $245.65
Support Levels:
Immediate support is at $220.60, with stronger support near $215.86. A breakdown below these levels could lead to bearish momentum.
What’s Next?
Bullish Scenario: A breakout above $227.51 could propel SOL to $230.75 and further toward $245.65, signaling renewed bullish momentum.
Bearish Scenario: A failure to hold above $220.60 might trigger a drop to $215.86 or lower, bringing sellers back into the market.
The market is at a critical juncture—traders should closely monitor volume and price action for the next decisive move.