SOLto190
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"SOL/USDT Surges Over 6% – Can It Break $190 Resistance?"
This chart displays the price movement of $SOL
SOL/USDT on Binance. Here's an analysis:
Observations:
Price Growth: $SOL is up by 6.02% in 24 hours, trading at $186.39.Support Level: Strong support near $168.88, where the price rebounded recently.Resistance Level: The immediate resistance is at $190.11, with a stronger resistance around $199.57.Long-Term Trend: The 90-day and 1-year gains of 20.19% and 87.90%, respectively, indicate a solid long-term trend.
Trading Strategy:
For Short-Term Traders:
Entry Point: If SOL breaks above $190 with high volume, it may rally toward $195 or $199.Stop Loss: Place a stop loss below $180 to minimize losses in case of a reversal.Sell Option: If the price faces resistance near $190, consider short trades targeting $180.
For Long-Term Traders:
Accumulate: Use dips around $174–$180 to accumulate $SOL for long-term gains.Target: Expect potential levels above $200 in the coming weeks if bullish momentum sustains.
#SolanaSurge #SOLto190 #CryptoMomentum #SolanaTrading #AIAgentFrenzy
SOL/USDT on Binance. Here's an analysis:
Observations:
Price Growth: $SOL is up by 6.02% in 24 hours, trading at $186.39.Support Level: Strong support near $168.88, where the price rebounded recently.Resistance Level: The immediate resistance is at $190.11, with a stronger resistance around $199.57.Long-Term Trend: The 90-day and 1-year gains of 20.19% and 87.90%, respectively, indicate a solid long-term trend.
Trading Strategy:
For Short-Term Traders:
Entry Point: If SOL breaks above $190 with high volume, it may rally toward $195 or $199.Stop Loss: Place a stop loss below $180 to minimize losses in case of a reversal.Sell Option: If the price faces resistance near $190, consider short trades targeting $180.
For Long-Term Traders:
Accumulate: Use dips around $174–$180 to accumulate $SOL for long-term gains.Target: Expect potential levels above $200 in the coming weeks if bullish momentum sustains.
#SolanaSurge #SOLto190 #CryptoMomentum #SolanaTrading #AIAgentFrenzy
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