💥$SOL Testing Support After a 1.81% Drop!🔥

🌟Current Price: 148.44 USDT (-1.81%)

🌟24-Hour High: 154.21 USDT (Key resistance level to watch)

🌟24-Hour Low: 147.59 USDT (Critical support zone)

Volume:

🌟SOL: 4.55M

🌟USDT: 686.84M

⚡SOL’s price is consolidating after a 1.81% decline, hovering near its 24-hour low. Indicators such as RSI and MACD hint at neutrality, leaving room for movement in either direction.

⚡Trading Setup🤑

🎖️Bullish Scenario

Type: Reversal Trade

👉Entry Point: Above 149.00 USDT (confirmed bounce off support with rising volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 150.50 USDT

🎯TP2 (1:2): 152.00 USDT

💢Stop Loss: Below 147.80 USDT

🎖️Bearish Scenario

Type: Breakdown Trade

👉Entry Point: Below 147.50 USDT (confirmed breakdown with strong selling pressure)

👇Take-Profit Targets:

🎯TP1 (1:1): 146.00 USDT

🎯TP2 (1:2): 144.50 USDT

💢Stop Loss: Above 148.00 USDT

⚡Risk Management Strategy⚠️

For Bullish Setup, after achieving TP1 (150.50 USDT):

Move Stop Loss to Breakeven (Entry Price)

Book 50% of your trade quantity to lock in profits and ride the move further

For Bearish Setup, do the same after TP1 (146.00 USDT) — reduce risk by securing gains and adjusting Stop Loss to Entry

⚡Key Notes🗝️

1. Volume is crucial—confirm breakouts or breakdowns with rising activity to avoid false moves.

2. Monitor the 154.21 USDT resistance level for clarity on further bullish momentum.

3. With volatility on the rise, disciplined risk management remains essential

Disclaimer: #DYOR*

Buy Or Trade With Me On $SOL

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