$SOL Bullish Momentum Continuing – Key Resistance Ahead!
Price: $197.68 (+9.11%)
SOL is exhibiting impressive bullish momentum after breaking through previous levels. The price is currently consolidating near key resistance, and the next move could see a strong push or a potential pullback.
Key Levels to Watch
• Resistance: $198.00 - A breakout above this level could push SOL towards $200.00 and $204.00.
• Support: $197.00 - If this level holds, it could maintain the bullish sentiment. A break below this level might target $190.00 and $185.00.
Trade Setup
• Bullish Entry: A confirmed move above $198.00:
• Tip 1: $200.00
• Tip 2: $204.00
• Bearish Entry: A break below $197.00 could target:
• Tip 1: $190.00
• Tip 2: $185.00
Monitor price action closely, and consider setting stop-loss orders to mitigate risk.