💥$SOL /USDT Poised for Potential Bounce at 1.19%!🔥
🌟Current Price: 149.03 USDT (1.19%).
🌟24-Hour High: 153.40 USDT (Resistance Zone).
🌟24-Hour Low: 145.38 USDT (Key Support).
Trading Volume (24H):
🌟SOL: 3.29M
🌟USDT: 488.37M
SOL is consolidating near its 24-hour low, signaling a possible bounce if volume surges align with market sentiment.
⚡Technical Indicators 🔍
1. Bollinger Bands: Slightly narrowing, reflecting reduced volatility—breakout probabilities increase with compression.
2. RSI: Likely neutral-to-oversold—potential for reversal if price stabilizes above support.
3. MACD: Bearish divergence hints caution; monitor closely for crossovers.
4. Moving Averages: Bearish alignment on shorter timeframes—careful observation required for trend confirmation.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Rebound Trade
👉Entry Point: Above 150.00 USDT (validated by increasing volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 151.50 USDT
🎯TP2 (1:2): 153.00 USDT
💢Stop Loss: Below 148.50 USDT
🎖️Bearish Scenario
Type: Breakdown Trade
👉Entry Point: Below 148.50 USDT (confirmed rejection at support).
👇Take-Profit Targets:
🎯TP1 (1:1): 147.00 USDT
🎯TP2 (1:2): 145.50 USDT
💢Stop Loss: Above 150.00 USDT
⚡Risk Management ⚠️
For Bullish Setup, move Stop Loss to Entry once TP1 (151.50 USDT) is achieved and book partial profits (~50%).
For Bearish Setup, lock gains upon achieving TP1 (147.00 USDT) by adjusting Stop Loss to Entry Price.
⚡Key Takeaways ✍️
1. Confirm all entries with volume surges—a lack of volume could result in false signals.
2. Monitor the 145.38 USDT support zone closely; a breach might signal further retracements or consolidation.
3. Patience and discipline are critical in this lower-volatility environment.
Disclaimer: #DYOR*
Buy Or Trade With Me On $SOL