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🚀 SOL/USDT Chart Breakdown: What’s Happening? 📊🔍
Current Price: 💰
SOL is trading at $145.33, down -1.52% with a recent drop of $2.24. A slight pullback, but the chart reveals key levels!
Support Zones: ⬇️
$95.50 - $106.80: The immediate support range, marked as a "Supply Zone" where buying interest could emerge.
$141.86: A key support level from recent consolidation.
Resistance Zones: ⬆️
$162.26 - $200.22: The next resistance range, with $200.22 as a higher target from past highs.
$240.01: A significant resistance level, marking a previous peak—breaking this could signal a strong rally.
Trend Insight: 📉
The chart shows a descending triangle pattern (yellow lines), indicating a bearish bias unless broken upward. The recent price action suggests consolidation within the supply zone ($95.50 - $106.80), with the current level testing support near $141.86. The red candlestick reflects selling pressure, but volume remains notable.
Next Move: 🎯
If SOL holds above $141.86 and breaks $162.26 with volume, it could target $200.22 or even $240.01. A drop below $141.86 might retest the supply zone ($95.50 - $106.80). Watch volume and price action for confirmation.
#cryptouniverseofficial #DAOBaseAIBinanceTGE #GENIUSActPass $SOL #DAOBaseAIBinanceTGE
Current Price: 💰
SOL is trading at $145.33, down -1.52% with a recent drop of $2.24. A slight pullback, but the chart reveals key levels!
Support Zones: ⬇️
$95.50 - $106.80: The immediate support range, marked as a "Supply Zone" where buying interest could emerge.
$141.86: A key support level from recent consolidation.
Resistance Zones: ⬆️
$162.26 - $200.22: The next resistance range, with $200.22 as a higher target from past highs.
$240.01: A significant resistance level, marking a previous peak—breaking this could signal a strong rally.
Trend Insight: 📉
The chart shows a descending triangle pattern (yellow lines), indicating a bearish bias unless broken upward. The recent price action suggests consolidation within the supply zone ($95.50 - $106.80), with the current level testing support near $141.86. The red candlestick reflects selling pressure, but volume remains notable.
Next Move: 🎯
If SOL holds above $141.86 and breaks $162.26 with volume, it could target $200.22 or even $240.01. A drop below $141.86 might retest the supply zone ($95.50 - $106.80). Watch volume and price action for confirmation.
#cryptouniverseofficial #DAOBaseAIBinanceTGE #GENIUSActPass $SOL #DAOBaseAIBinanceTGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
