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DzHicham

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11.9 Months
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Bullish
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Bullish
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GRO_16987_CZ6CD
GRO_16987_CZ6CD
Amjedshayzar
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Bullish
$BTC

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DzHicham
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Bullish
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Bullish
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Referral: GRO_16987_CZ6CD Don't miss the opportunity for a free reward from Bitcoin Pizza Refer your friends $BTC Good luck to all {spot}(BTCUSDT)
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$BTC
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Bullish
See original
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$SHIB
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$USDC
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mohamed ibrahiimm
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GRO_14352_WWDAP Done
GRO_14352_WWDAP
Done
Ramzeddine6
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Bullish
See original
good
good
Yi Xi Bullish
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Bullish
technical analysis for $SOL /USDT along with trade signals, including three target levels and trade momentum:


Current Price: $228.65
24h High: $230.51
24h Low: $203.21

Trend Analysis:

Short-Term Trend: Bullish

Medium-Term Trend: Bullish

Long-Term Trend: Neutral (watching for breakout above $230.51)

SOL has shown strong momentum in the last 24 hours, gaining +11.15%. The price is currently consolidating near its recent high of $230.51. We could see a breakout to the upside if this resistance is broken.

Support and Resistance Levels:

Support 1: $220.00 (Critical support for the current bullish trend)

Support 2: $210.00 (Strong support in case of a pullback)

Resistance 1: $230.51 (Key resistance; breaking this level will open higher targets)

Resistance 2: $240.00 (Target if the price sustains above $230.51)

Indicators:

Relative Strength Index (RSI): 65 (Approaching overbought, suggesting caution)

Moving Average Convergence Divergence (MACD): Bullish cross with increasing momentum.

Volume: Solid volume on recent bullish movement, supporting further upside.

Trade Signals:

Trade Entry:

Entry Point: Buy at $228.65 or pullback to $220.00 (Support 1).

Target Levels:

1. Target 1: $230.51 (Breakout above this level is key for further upside).

2. Target 2: $240.00 (If the momentum continues).

3. Target 3: $250.00 (Potential medium-term resistance level).

Stop Loss:

Stop Loss: $210.00 (Below Support 2, where the trend could reverse).

Trade Momentum:

The momentum is currently bullish, but the RSI is nearing overbought territory. A small pullback to support levels could present a better entry opportunity, especially around $220.00.

Recommendation:

Long Position with targets at $230.51, $240.00, and $250.00.

Watch for a break above $230.51 to confirm continuation of the uptrend.

#RLUSDApprovalBoostXRP
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#MyFirstSquarePost I recently joined Binance Square, and I'm excited to share and connect with everyone here!
#MyFirstSquarePost I recently joined Binance Square, and I'm excited to share and connect with everyone here!
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