🚀 SOL/USDT Technical Analysis 🚀

📊 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.

📈 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.

🔍 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! đŸ“ˆđŸ’Œ

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