🚀 $SOL
/USDT Technical Analysis – Key Targets & Market Outlook
Looking at the current chart for SOL/USDT, here's a breakdown of the market structure and three important target levels to watch closely!
📉 Current Price: $198.93
🔝 24h High: $201.00 | 🔻 24h Low: $185.96
🎯 Target 1 – $201.00 (Resistance Zone)
SOL has recently hit the $201.00 level, showing strong selling pressure here. If the bulls push through, we could see a retest of this level. A breakout above this mark could lead to further upward momentum.
🎯 Target 2 – $190.00 (Key Support)
Currently, we are eyeing $190.00 as a critical support level. Should price retrace, this zone might provide the buying opportunity we need for a potential bounce. A strong hold at this support could fuel further bullish trends.
🎯 Target 3 – $185.00 (Lower Bound Support)
If SOL faces a deeper correction, $185.00 could serve as a key support to watch. It aligns with previous lows, and a strong reversal from this level could provide traders with an entry point before further bullish continuation.
24h Volume (SOL): 4.35M
Volume (USDT): 846.45M
The overall market momentum seems bullish as SOL shows a solid +6.47% change. Keep an eye on these levels and stay informed about potential breakout or breakdown scenarios!
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