Write2Earn! Learn Support & Resistance Analysis through SOL/USDT

Many beginner traders are confused about how to determine valid support and resistance. Let's discuss a real example using SOL/USDT!

🔹 What is support & resistance?

Support = a zone where the price tends to "bounce" upwards.

Resistance = a zone where the price often gets held back or "breaks" downwards.

🔎 In the SOL/USDT pair, there are several important levels we can learn from:

Strong support at $138 → has been tested several times without breaking.

Main resistance at $150–152 → this zone has been a barrier to upward movement since the beginning of the week.

🔄 Why is this important?

Because from these two levels we can:

Determine a safer entry

Place a stop-loss at a logical point

Avoid entering when the price is in between (not ideal)

✍️ Example learning strategy:

Wait for the price to retest support → look for reversal signals for entry.

Or wait for a breakout of resistance + volume confirmation → entry following the trend.

🎯 In essence: understand price structure = the sharper our feeling to read the market!

Hope this is useful for those who are just starting to learn. Any insights or questions? Drop them in the comments!

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