$SOL
Free Recommendations
SOL/USDT – Technical Analysis and Forecast
Current Price: ~146.83 USDT (up ~0.40% in the last 24 hours)
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Technical Indicators:
StochRSI: Shows a bounce signal after entering the oversold area → Indicator of potential upward movement soon
Key Support: Located at 140.4 USDT (lowest level of the past day)
Important Resistances:
First Resistance ~144–147 USDT (moving averages and last hour)
Potential upward target at ~160 USDT if the ascending channel is broken
Momentum Details: The price has been trading within an ascending channel since April according to multi-timeframe analysis
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📈 Recommendation:
⏳ Light buying upon confirmation of the bounce from support (near 140–142 USDT)
And if the pivot resistance level ~147 USDT is strongly broken → Larger entry targeting 160–177 USDT
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📌 Strategic Notes:
Condition Action
✅ Confirmation of price bounce from 140–142 USDT with high-volume buying candles Light buying
🔼 Daily close above ~147 USDT with strong volume Add buying targeting 160–177 USDT
❌ Clear break below 140 USDT Avoid entry and wait for the next support at ~130–135 USDT
