$SOL
/USDT Technical Analysis š
The SOL/USDT pair is showing strong momentum with a 7.28% increase in the past 24 hours. Let's dive into the key technical levels and targets to watch for the upcoming price action.
1. Target 1: $225.00 šÆ
A potential breakout above $222.80 could push SOL towards the $225 level. This aligns with the strong bullish trend, where a continuation is expected if buying pressure remains.
2. Target 2: $230.00 šÆ
As SOL sustains above $225, the next key resistance lies at $230. A successful breach here may signal further upside towards new highs.
3. Target 3: $240.00 šÆ
If the bullish sentiment persists, $240 is the next major level to target. Watch for confirmation through increasing volume and stable price action.
š» Support Levels:
$205.62 remains a solid support if any pullbacks occur.
š” Trend Outlook:
SOL is in a strong uptrend, but be mindful of potential corrections. Stay alert for market fluctuations and consider taking profits at key resistance zones.
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