Cryptocurrency analysis #SOL
Support and resistance levels:
Support:
$130: Key support.
$120: Next level of support.
Resistance:
$150: First resistance level.
$160: Main resistance level.
Possible entry points:
Long (buy):
Entry point: $130, upon confirmation of support.
Goal: $150.
Stop Loss: Below $120.
Short (sale):
Entry point: $150, when resistance is confirmed.
Goal: $130.
Stop loss: Above $160.
Price movement forecast:
SOL price may bounce from the $130 level to reach resistance at $150. A breakout of one of these levels may indicate the further direction of price movement.
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