🟢$SOL/USDT POTENTIAL LONG TRADE SIGNAL – Initial Target $151.00
SOL/USDT is showing signs of recovery after testing the lower Bollinger Band around $143.90. The price is currently trading at $148.66 and has broken above the middle Bollinger Band (MA 20) at $151.33, suggesting a potential shift in momentum. The RSI (14) is at 59.48, indicating increasing bullish momentum without being overbought. If the price can sustain above the middle band, a move towards the upper Bollinger Band around $151.00 is plausible.
Trade Setup:
. Entry Zone: $148.00 – $148.80
Initial Target (TP1): $151.00
.Potential Further Target (TP2): $157.00 (previous swing high)
. Stop-Loss: Below $143.50 (below the recent low and lower Bollinger Band)
As long as the price remains above the $146.00 level, the bullish scenario is more likely. Watch for sustained trading above $149.00 to confirm further upward movement.
Disclaimer: NFA and DYOR.
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