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technical analysis and trade signals for $SOL /USDT based on the current market data: SOL 235.68 -2.45% Technical Analysis: Current Price: $234.12 (down 2.73% in the last 24 hours) Resistance Levels: Target 1 (T1): $234.76 (24h High) Target 2 (T2): $240.00 Target 3 (T3): $250.00 Support Levels: Support 1 (S1): $230.92 (24h Low) Support 2 (S2): $225.00 Support 3 (S3): $220.00 Momentum Indicators: Relative Strength Index (RSI): Currently at around 45, indicating a neutral market but moving towards oversold, which could signal a potential reversal if buying momentum picks up. MACD: The MACD is nearing a crossover to the negative side, which could indicate further bearish momentum in the short term, but a reversal is possible with a price surge. Trade Signals: Bullish Trade Setup (Long Position): Entry Point: Consider entering long if the price holds above $230.00 and shows signs of upward momentum. Target 1 (T1): $234.76 (24h High) Target 2 (T2): $240.00 Target 3 (T3): $250.00 Stop Loss: Below $230.00 (Support 1) Bearish Trade Setup (Short Position): Entry Point: Short positions could be considered if the price falls below $230.00, signaling further downward movement. Target 1 (T1): $225.00 Target 2 (T2): $220.00 Target 3 (T3): $215.00 Stop Loss: Above $240.00 (Resistance 2) Trade Momentum: Bearish Momentum: Given the slight bearish pressure from the RSI and MACD, SOL/USDT could experience a short-term pullback, especially if it breaches the $230.00 support level. Bullish Reversal: A price bounce above $230.00 and an increase in volume could signal a potential reversal to the upside. Conclusion: Bullish: Watch for a price move above $234.00 for potential upward momentum targeting the higher resistance levels. Bearish: If the price breaks below $230.00, it may continue downward towards the support levels. #BURNGMT #ETHCrosses4K #BTCRecoveredTo97K
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Liquidation Alert $POL Bulls Crushed $56,300 Liquidated Price: $0.70 A brutal setback for the bulls as POL dips, wiping out a $56.3K long position. The bears take the lead in this high-stakes game $POL Is this a momentary slip, or the start of a bigger downturn? The crypto battlefield is as fierce as ever—stay vigilant
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which type of coin I can invest? give me suggestion
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