SOL/USDT Analysis – A Trading Opportunity to Watch! 🔍
This morning, I spotted an interesting entry zone on Solana (SOL) using both the daily (1D) and 4H charts.$SOL
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🎯 Buy Zone: $178 – $182
👉 This area has acted as a key support multiple times in the past.
👉 On the 4H chart, SOL is currently showing a bounce from this zone, which may indicate a bullish reaction forming.
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💰 Sell Targets:
🎯 $190: First resistance level and quick profit zone.
🎯 $200: Major resistance on the daily chart — expect strong seller presence here.
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🔎 Events & Signals to Watch For:
1. RSI (4H and Daily): A confirmed bounce above 50 would strengthen the bullish case.
2. Rising volume on the bounce = confirmation of buyer strength.
3. Sharp rejection or reversal candle below $178 = risk of support break.
4. Fundamental news: Be cautious about regulatory updates, DeFi-related incidents, or major BTC moves.
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⚠️ Important Disclaimer:
> This post is not financial advice. Crypto markets are highly volatile. Only invest what you can afford to lose. Happy hunting! 🫡
