$SOL /USDT 🚀🚀🤑
#solAnalysis 🔥🔥🔥
Current Price
120.11 USDT (+4.76%)
24h High/Low
High: 124.00
Low: 113.96
Volume
SOL: 4.31M
USDT: 517.38M
Moving Averages
MA7: 120.97
MA25: 120.44
MA99: 121.76
MA5: 51,234.687
MA10: 65,213.786
Target Levels
TP1: 122.17
TP2: 124.00
TP3: 124.54 (Breakout Target)
Support/Resistance
Support: 113.96
Resistance: 124.00
Trend Outlook
Bullish momentum with price holding above short-term moving averages. The price is currently testing near the resistance zone at 124.00. A breakout above this could signal a continuation to the upside.
Entry Zone
116.00 to 118.00 on a retest or a breakout above 122.17 with volume confirmation.
Stop Loss
113.96 (tight), 112.71 (medium)
Risk/Reward
Potential upside to 124.54. Potential downside to 113.96. The setup offers a favorable risk/reward ratio if following levels.
Protip
Watch for a strong breakout above 124.00 on increased volume. Use the 15-minute or 1-hour charts for precise entries.
Let me know if you need further details or adjustments!