$SOL /USDT Market Update & Trading Signals
📊 Current Price: $125 (-2.70%)
📈 24h High: $130.64
📉 24h Low: $123.00
🔄 24h Volume: 3.36M SOL | $426.32M USDT
🔍 Market Analysis & Trading Signals
📉 Bearish Trend on 1H Chart
• Recent drop from $130+ to $125 indicates sellers dominating.
• Lower highs & lower lows formation → bearish structure.
📊 Support & Resistance Levels:
• Key Support: $123
• Resistance Zones: $126 - $130
📈 Possible Bullish Scenario:
• Break above $126 with strong volume → bullish confirmation.
• Targets: $128 and $130 in the short term.
• Indicators to watch: RSI oversold bounce, volume spike.
📉 Possible Bearish Scenario:
• Rejection at $126 → continuation downward.
• Break below $123 → more downside, potential test of $120.
🔔 Trading Plan & Strategy
📌 Scalping: Buy near $123-$124 with a tight stop-loss.
📌 Swing Trading: Wait for a break above $126 for long entry.
📌 Shorting: If price fails at $126, consider shorting with SL at $127.
💡 Risk Management: Always use stop-loss & position sizing wisely.
📢 What’s your take on SOL? Drop your thoughts below! 👇🔥
#TWIN_TULIPS #SOL