$SOL
[Spot Trading Signal – SOL/USDT | 4H Chart]
SOL is currently trading around $143.77, showing signs of stabilization after a drop near its 24h low of $142.50. The price is hovering just below the 25 MA ($147.84) and 99 MA ($146.59), indicating short-term bearish pressure. However, if support at $142.50 holds, we may see a relief bounce.
Trade Setup (Long):
Entry: $142.50 – $144.00
Stop-Loss: $139.50
Take-Profit Targets:
• TP1: $147.50 (near MA resistance)
• TP2: $151.50 (previous consolidation area)
Watch for a breakout above $145.50 with volume for confirmation. This setup suits short-term spot traders aiming to capitalize on bounce potential within a broader consolidation zone.
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