$SOL šŸ’ÆšŸ’ÆšŸ”„šŸ”„

/USDT Technical Analysis - Binance

Current Price: $148.88 (-0.15%)

Market Overview:

SOL is trading just below the 24h high of $150.41, moving around the short-term moving averages (MA7: $148.61, MA25: $148.23).

MACD and Volume are steady, signaling a potential breakout if buying pressure increases.

Entry Zone:

Buy between: $147.50 – $149.00

Targets šŸŽÆ:

Target 1: $150.50 (24h resistance breakout)

Target 2: $153.80 (next key resistance)

Stop Loss:

$145.00 (below major support and 24h low)

Trading Strategy:

SOL is currently consolidating and forming a potential breakout pattern. A move above $150.50 with strong volume could confirm bullish momentum toward the next resistance levels. Tight stop loss placement to manage downside risk.