$SOL 🔥 🔥 BUILDING MOMENTUM 🔥 🔥

Technical Analysis – SOL/USDT

🔹 Current Price: $156.57

🔹 Volume (24h): $291.69M

🔹 Trend: 📈 Bullish short-term continuation pattern

🔹 Momentum: Strengthening on higher lows

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📊 Key Technical Indicators

Indicator Status Signal

RSI (14) 61.3 (Approaching Overbought) Bullish

MACD Bullish crossover Bullish 💚

200 EMA (Daily) Support around $136.00 Major Support

Fibonacci Levels Key resistance near $163 (0.618 Fib) Watch zone 🔍

Support Levels:

S1: $150.00

S2: $144.00

S3: $136.00 (Strong technical floor)

Resistance Levels:

R1: $160.00

R2: $165.00

R3: $172.00

🎯 Trading Strategy

🔹 Intraday Scalping Strategy

Buy Zone: $154.00 – $156.00

TP1: $160.00

TP2: $164.00

Stop-Loss: $150.50

Risk-Reward Ratio: ~2:1

Confidence: ⭐⭐⭐⭐☆

⌛ Ideal Duration: 4–8 hours

📈 Recommend using a trailing stop after TP1

⚠️ Disclaimer

This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) and use proper risk management strategies. Crypto markets are volatile — never invest more than you can afford to lose.

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