🔔Brief Technical Summary on $SOL /USDT and Market Update
💸Current Price: $159.2 (-1.34%)
Solana has shown a strong bullish move, reaching $161.46 with an increase of 8.18%. The moving averages indicate a continued upward momentum.
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⬆️Resistance: Its immediate resistance is at $162.30. Breaking through this level can push the price towards $165.
⬇️Support: It has a closest support level at $159.33. A drop below this level could see the price test $156.
🔰Long trade: Consider entering above $162.30 with targets at $165 and $168.
🔰Short trade: Consider entering below $159.33 with targets at $156 and $153.