$SOL /USDT - Testing Key Levels! 🚀🔥
Current Price: $196.95
Signal Type: Consolidation Breakout Opportunity
Entry Zone: $196.00 - $198.00
Targets:
🎯 Target 1: $200.00 (Immediate resistance)
🎯 Target 2: $205.00 (Breakout confirmation)
🎯 Target 3: $210.00 (Extended target)
Stop Loss: $192.00
Technical Insights:
$SOL has rebounded strongly from $188.34 and is consolidating near its MA(25) level at $196.95.
The $200.87 level remains a crucial resistance; a breakout could trigger upward momentum.
MA(7) and MA(99) indicate that bullish momentum is building gradually.
Pro Tips:
1. Monitor the $200.00 breakout closely for confirmation of bullish movement.
2. Secure partial profits at each target to manage risk effectively.
3. Adjust your stop-loss upward as the price progresses toward higher targets.