$SOL 🚀🚦
/USDT 3-Day Trading Analysis:*
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*Current Price*: 160.19 (-6.46—
*Next Move in 3 Days*:
SOL is facing a pullback after reaching a high of173.07, now sitting at 160.19. With the price near its *MA(7)* support at159.86, a bounce from this level could target the previous resistance at 164.59. However, if it breaks below *156.88*, a deeper correction to the 150 range could follow.
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*Support Levels*:
- *156.88* (24h low, immediate support)
- *159.86* (MA7 support level)
*Resistance Levels*:
- *164.59* (MA25 resistance)
- *169.78* (MA99 resistance, long-term resistance)
- *173.07* (24h high)
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*Market Insight*:
SOL has faced a significant drop from its daily high and is testing the MA(7) support level. If it holds the support at *159.86*, it could make a move upwards. However, the overall trend appears to be bearish in the short term, and needs to regain *164.59* to confirm movement.
*Entry Zone*:
- *Long*: Enter near *159.86* (MA7) with a confirmation of support, targeting *164.59* and *169.78*.
- *Short*: If the price breaks below *159.86*, consider shorting with a target of *156.88* or lower.Watch how SOL behaves at *159.86*. If the price holds above this level, consider a long position targeting the resistance zones. If SOL breaks below *156.88*, it may be wise to wait for confirmation of further downside.