🚀 $SOL

/USDT Technical Analysis 🚀

Price Action:

SOL is currently trading at $240.40, up by +3.01% in the last 24 hours. After a brief dip to $229.60, SOL has been on a recovery path. The market shows strong interest, with a solid 24h volume of 5.88M SOL and 1.39B USDT traded. Let’s dive into the key levels and targets to watch! 🔥

Key Levels to Watch:

1. Target 1: $242.54 (Resistance) 🎯

This is the 24h high, and a crucial resistance level. A successful break above this price could open the door for further upside.

2. Target 2: $250.00 (Next Psychological Resistance) 🎯

If SOL clears $242.54, watch for a potential move towards $250, a psychological level that could act as a strong barrier. Watch for a confirmed breakout above $242.54 for an entry.

3. Target 3: $220.00 (Support) 🎯

If the market retraces, the $220 level is a strong support area, offering a potential entry point for long positions if price holds above it.

Market Sentiment:

Positive Short-Term Momentum: +0.76% in 1 hour

Medium-Term Pullback: -1.79% in 4 hours

24h Range: $229.60 - $242.54

#COSSocialFiRevolution #BTC97KNewATH #EyesOnBTC #AltcoinNextMove #MEMEalpha