$SOL
Here are the trading signals for SOL/USDT:
*Entry Points:*
- *Buy Zone:* Consider buying around $69.85 with potential targets at $76.0, $84.0, and $94.6.
- *Alternative Entry:* Buy above $186, targeting $235, with a stop loss at $186 to defend the demand zone.
*Stop Loss:*
- *Stop Loss Level:* Set a stop loss at $63.15 or $186, depending on your risk tolerance and market conditions.
*Target Prices:*
- *Short-term Targets:*
- *Target 1:* $76.0 or $178.94 (near-term demand/liquidity zone)
- *Target 2:* $84.0 or $216.2 (resistance zone)
- *Target 3:* $94.6 or $235 (potential next leg up)
- *Long-term Targets:*
- *Target 4:* $3,500 (measured move target after neckline breakout)
*Market Sentiment:*
SOL/USDT is showing strong bullish momentum, with potential for further gains. The price is advancing within a steepening channel, holding above $186.5, and setting sights on the $216.2 resistance zone. Some analysts predict a potential correction or bearish reversal, but overall sentiment remains positive.¹ ² ³