$SOL /USDT Trading Signal & Market Overview

$SOL /USDT is currently trading at $140.09, reflecting a +2.96% increase in the last 24 hours. The price has rebounded from a 24-hour low of $131.91, showing signs of potential recovery. However, the broader trend remains bearish, with the token significantly down from its peak of $295.83. The 24-hour high of $147.09 indicates immediate resistance, while support is forming around $131.91.

Trading Signal:

Entry: Buy around $138-$142

Targets: $150, $159, and $175

Stop Loss: $129

This trade setup provides a favorable risk-to-reward ratio, with potential upside gains if SOL breaks resistance levels. Maintain risk management and adjust stop-loss levels accordingly. Happy trading!#BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs #BTCDipOrRebound #Write2Earn! $SOL