💥$SOL /USDT Testing Critical Support Amid 4.32 Percent Pullback!🔥
🌟Current Price 141.44 USDT (-4.32 Percent)
🌟24-Hour High 150.39 USDT (Resistance Zone)
🌟24-Hour Low 140.32 USDT (Support Area)
Trading Volume (24H)
🌟SOL 2.65M
🌟USDT 388.10M
#sol is consolidating near its 140.32 USDT support, reflecting strong selling pressure alongside notable volume.
⚡Technical Insights:
1. Bollinger Bands Likely widening, indicating heightened volatility and possible breakout setups.
2. RSI Approaching oversold territory—potential for a bounce, but confirmation needed.
3. MACD Bearish divergence visible; momentum remains weak for immediate recovery.
4. Moving Averages (MA5 and MA10) Suggest a short-term downward trend—closely track lower support levels.
⚡Trade Setup:
🎖️Bullish Rebound
Type Trend Reversal
👉Entry Point Above 142.50 USDT (validated by volume surge)
👇Take-Profit Targets
🎯TP1 (1:1) 144.00 USDT
🎯TP2 (1:2) 147.00 USDT
💢Stop Loss Below 140.50 USDT
🎖️Bearish Breakdown
Type Continuation Setup
👉Entry Point Below 140.50 USDT (confirmed support failure)
👇Take-Profit Targets
🎯TP1 (1:1) 138.50 USDT
🎯TP2 (1:2) 136.00 USDT
💢Stop Loss Above 142.00 USDT
⚡Risk Management Strategy:
For Bullish Setup, move Stop Loss to Breakeven after reaching TP1 (144.00 USDT) and secure 50 Percent partial profits
For Bearish Setup, move Stop Loss to Entry after hitting TP1 (138.50 USDT)
⚡Key Observations:
1. Confirm all moves with strong volume surges to reduce risk of false signals.
2. Watch 140.32 USDT support zone—its failure could signal further downside.
3. Maintain discipline with entries, exits, and risk control.
Buy Or Trade With Me On $SOL