🚨 $SOL /USDT ALERT: Watch for Breakout Levels! 🚨
Price: $242.00 | Trend: Consolidation Near Key Levels
SOL is stabilizing near $242.00, holding above MA7 ($240.94) and MA99 ($202.39). While volume remains healthy at 6.80M SOL, a breakout from this range could signal significant movement.
🎯 Targets to Watch:
Target 1: $248.00 – Immediate resistance; a breach confirms bullish momentum.
Target 2: $255.00 – Mid-term upside target on sustained strength.
Target 3: $272.00 – A breakout above this signals continuation of the uptrend.
📉 Support Levels:
$234.26: Immediate support; holding here keeps buyers in control.
$202.39 (MA99): Key long-term support; breaking this indicates a bearish shift.
⚠️ Risk Scenarios:
Rejection Risk: Watch for resistance at $248.00; failing to break could lead to a pullback.
Breakdown Risk: A drop below $234.26 may target $227.00 or lower.
Maintain tight stop-loss at $230.00 for short trades. Watch volume and market sentiment for potential breakout plays!
#DEXXBreach #XRPPriceAction #SOLWatch #BONKBURNmas #Write2Earn!