š $SOL /USDT Market Analysis
At the current price of $240.36, SOL is showing a breakout attempt from short-term consolidation. The candles reflect increasing bullish pressure with higher lows forming, while strong resistance lies around $242ā243. If momentum sustains, we could see continuation to the upside, but any rejection may trigger a pullback.
ā Long Trade Setup (Bullish Scenario)
Entry: $240 ā $240.5
Targets:
šÆ Target 1: $242.7
šÆ Target 2: $244.5
šÆ Target 3: $247.0
Stop-Loss: $238.6
Reasoning: Volume spikes indicate accumulation; a break above $242 confirms bullish continuation.
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