$SOL /USDT Trading Signal - Recovery Building Momentum
The $SOL/USDT pair is trading at $197.49 (-2.44%), showing signs of a rebound after testing the key support at $188.34. Buyers are stepping in to reclaim higher levels.
Suggested Entry Zone:
Enter within the range of $196.00 - $198.00, as the price consolidates and gains strength.
Target Levels:
Target 1: $200.00
Target 2: $203.50
Stop Loss:
Place a stop loss below $193.50, to mitigate risks from a potential downside.
Market Observation:
The 15-minute chart indicates a recovery phase, with the price bouncing off the $188.34 support zone. A breakout above $198.00 could lead to a retest of the $203.50 resistance level. Increased trading volume will confirm the continuation of the upward trend.
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