$SOL
š SOL/USDT Technical Analysis š
SOL is trading at $196.11, showing a +2.18% gain over the last 24 hours. The chart reveals a recent upward trend, peaking at $201.85, followed by a healthy correction. The key support level is $191.28, while the major resistance stands at $201.85.
Currently, SOL is consolidating, signaling a possible breakout! š If the price climbs above $200 with strong volume, it could rally to new highs. However, a dip below $194 might trigger a retest of the support at $191.28.
šÆ Trading Strategy:
Long Entry: Watch for a breakout above $200 for a potential bullish rally.
Short Entry: Enter below $194 if selling pressure builds.
With active trading volumes of 2.86M SOL, this is a prime setup for traders. Stay sharp and seize the momentum! š
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