Hey Fam!

As of now, SOL is trading at around $194.13, marking a solid gain of approximately 5.15% over the past 24 hours.

Earlier today, SOL reached a peak of $195.35 before experiencing a slight pullback, finding support near $184.63.

The Relative Strength Index (RSI) is edging towards overbought territory, suggesting that while there's still room for growth, caution is warranted.

For those considering a trade, here's a potential setup:

Entry Point: $194.50

Take-Profit Targets:

TP1: $195.50

TP2: $196.50

TP3: $197.50

Stop-Loss: $193.00

Keep an eye on these key levels:

Resistance: $196.10

Support: $192.42

SOL is showing strong bullish momentum with increasing trading volumes.

A break above the $196.10 resistance could pave the way for further gains.

However, maintaining support above $192.42 is crucial to sustain this upward trend.

As always, it's wise to set close targets to lock in profits, especially in volatile markets. Happy trading!

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