🚀 Solana ($SOL /USDT) Market Analysis & Buy Opportunity 📊

💰 Current Price: $120 (-3.47%)

📈 24H High: $136.21

📉 24H Low: $116.25

📊 24H Volume: 7.14M SOL

⸻

🔍 Technical Analysis:

🔹 Support Level: $116 – Strong bounce observed.

🔹 Resistance Level: $125 – Key area to break for further upside.

🔹 Moving Averages:

• MA(7): $124.83 (Short-term resistance)

• MA(25): $125.61 (Needs breakout)

• MA(99): $130.94 (Major resistance)

🔹 Indicators:

• RSI (6, 12, 24): 36.26, 38.94, 40.86 → Oversold, potential reversal.

• MACD: Bearish, but shows signs of recovery.

⸻

📢 Trading Strategy:

✔️ Buy Zone: $116 - $118 (Near support level to minimize risk)

✔️ Target 1: $125 (Short-term resistance, safe exit)

✔️ Target 2: $130 (If momentum builds, next resistance)

✔️ Stop-Loss: $113 (Below recent low to protect capital)

💡 Profit Potential: Buying around $116-$118 and targeting $125-$130 offers 6% - 10% gains.

🔥 🚀 SOL is in a short-term downtrend but showing signs of reversal.

📊 Buying near $116 - $118 is a good low-risk entry for potential profits.

💰 If it breaks $125, expect a push towards $130.

⚠️ Always manage risk & trade wisely!