Hold

Closed

🚀🚨$SOL /USDT Market Analysis: Stability Near Support Zone🚀 🔍

📌 Current Price: $236.97 (-0.61%)
Solana ($SOL ) shows resilience, trading within a tight range, with buyers defending the $230-$235 support zone despite minor corrections.

Key Levels to Watch

Resistance Levels:
$245.00, $250.00, $260.00

Support Levels:
$230.00, $225.00, $220.00

Market Highlights
24-Hour Range: $222.95 - $241.00
Trading Volume: 5.07M SOL (~$1.18B in USDT), reflecting strong liquidity.

Recent Performance:
7-Day Change: +2.78%
30-Day Change: -1.39%
1-Year Gain: +285.38%
Potential Scenarios

1️⃣ Bullish Breakout:
A decisive move above $245.00 could target $250.00 and $260.00, reaffirming upward momentum.

2️⃣ Bearish Breakdown:
If SOL breaks below $230.00, expect declines toward $225.00 and $220.00 as bears take control.

Trading Strategy

Bullish Setup:
Entry: Above $240.00
Targets: $250.00, $260.00
Stop-Loss: $230.00
Bearish Setup:
Entry: Below $230.00
Targets: $225.00, $220.00
Stop-Loss: $235.00


Conclusion
$SOL /USDT is consolidating near support, with a breakout on either side likely determining the next trend. Traders should watch for strong volume confirmation and key levels to manage risk effectively.

Should I hold or Close Expert Review Please ?
#SOL

$SOL

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$BTC
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SHORT OR LONG??

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Short
Hold or Close what's your opinion??

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