$SOL /USDT Technical Analysis & Trade Signal💯🔥
Current Price: $131.69
Price Change: +2.08% (24h)
24h High: $134.11
24h Low: $126.78
24h Volume: 3.87M SOL / 505.87M USDT
Technical Indicators:
RSI (Relative Strength Index): 65 (Neutral to Slightly Bullish)
RSI is showing a neutral to slightly bullish momentum, suggesting room for price movement but not yet overbought.
MACD (Moving Average Convergence Divergence): Bullish Crossover
MACD is in a bullish crossover, signaling potential upward momentum in the short term.
Support Levels:
$126.78 (24h Low)
$121.91 (Depth Sell Order)
Resistance Levels:
$134.11 (24h High)
$134.85 (Depth Buy Order)
Trade Signal:
Trend: Bullish
The price is in a general uptrend, with strong support around $126.78. The recent price surge shows positive momentum, driven by bullish MACD crossover and RSI indicating potential for further price growth.
Trade Targets:
Target 1: $134.11
If the price breaks above $134.11, expect further upside towards the next resistance level.
Target 2: $137.50
A break above $134.11 could propel SOL towards $137.50, a potential higher resistance.
Target 3: $140.00
With continued bullish momentum, SOL could potentially reach $140.00 as the next key resistance level.
Trade Momentum:
Strong Bullish Momentum: MACD and RSI suggest that SOL has room for upside movement. A price above $134.11 could lead to higher targets.
Actionable Trade:
Buy if price breaks above $134.11 with confirmation from volume increase.
Stop Loss: $126.78
Take Profit: Target $134.11, $137.50, $140.00.
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