$SOL /USDT Trading Signal – Consolidation Before the Next Move?
Current Price: $216.32 (+0.87%)
Timeframe: 1H Chart (Binance)
Long Trade Setup
Entry Zone: $215 - $217
Take Profit (TP) Levels:
TP1: $220
TP2: $225
TP3: $230 (extended target)
Stop Loss (SL): $212
Market Insight
$SOL is consolidating near $216 after a strong upward trend, signaling potential for another leg up. A breakout above $217 could trigger a rally toward $220 and higher. Traders should monitor volume for confirmation of bullish momentum.
Pro Tip:
Scale out at each take-profit level to lock in gains and adjust stop-loss to break-even as SOL progresses.
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