$SOL /USDT Technical Analysis & Trade Signal

Current Price: $211.43 (+2.15%)

Support Level: $205.00

Resistance Level: $213.50

Technical Indicators:

Moving Averages (MA): Bullish crossover on the 15m and 4h timeframes.

Relative Strength Index (RSI): 65, indicating moderate bullish momentum but approaching overbought territory.

MACD: Bullish divergence observed on the 1D chart.

Volume: High, with a 24h volume of $538.58M, showing strong market interest.

Trade Signal:

Momentum: Bullish

Entry Zone: $210.50 - $212.00

Target Levels:

🎯 Target 1: $214.50 (Short-term resistance)

🎯 Target 2: $217.00 (Mid-term resistance)

🎯 Target 3: $220.00 (Major resistance and psychological level)

Stop-Loss: $204.00

Strategy:

For Long Trades: Enter near $211.50 if price sustains above $210.50. Trail stop-loss to $208.00 after breaking $214.50.

For Short Trades: Watch for a breakdown below $205.00; potential retracement to $200.00.

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