đ SOL/USDT Technical Analysis đ
đ Support and Resistance Levels
Support SOL has found strong support around $153.85, where bulls have consistently defended this level.
Resistance The immediate resistance is near $161.43. A breakout above this level could lead to bullish momentum.
đ Entry Strategy
Buy Entry Consider entering a buy position if SOL breaks above $161.43 with strong volume and positive indicators.
Stop Loss Set a stop loss below $153.85 to protect against sudden reversals.
Target Aim for the next resistance at $164.42.
đ Indicators
Moving Averages (MA): MA(7) at $150.35, MA(25) at $138.38, and MA(99) at $147.09.
MACD DIF at 3.82, DEA at 1.34, indicating bullish momentum.
Stay cautious and adapt as needed. Happy trading! đđŒ