🚀🔥 $SOL /USDT ON THE MOVE – CRITICAL LEVELS IN FOCUS! 🎯⚡
Solana ($SOL /USDT) is trading at 178.90 USDT, showing a minor dip of -0.72% over the last 24 hours. The price recently touched a high of 183.38 USDT and found support around 176.41 USDT. This level may be pivotal as $SOL gears up for its next move.
📊 Key Observations:
Current Price: 178.90 USDT
SOL is oscillating around its 7-day MA at 179.64, 25-day MA at 180.01, and 99-day MA at 175.62 – these moving averages are clustered, indicating potential volatility.
The market shows significant trading volume, hinting at possible momentum building.
🎯 Targets to Watch: 1️⃣ Target 1: 183.50 USDT – A break above this recent high could lead to a stronger upward trend, attracting buyers. 2️⃣ Target 2: 188.00 USDT – Mid-level resistance where SOL may face consolidation. Surpassing this would reinforce bullish sentiment. 3️⃣ Target 3: 194.00 USDT – Key resistance. Reaching this level could spark a new rally, as it represents a critical breakout zone.
🔍 Strategic Insight: If SOL maintains support above 176.41, this could signal a strong base for further upward movement. Keep a close eye on volume and these targets for potential entry and exit points.
Solana’s at a tipping point – stay alert! 📈
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