🚀 SOL/USDT Chart Breakdown: What’s Happening? 📊🔍

Current Price: 💰

SOL is trading at $145.33, down -1.52% with a recent drop of $2.24. A slight pullback, but the chart reveals key levels!

Support Zones: ⬇️

$95.50 - $106.80: The immediate support range, marked as a "Supply Zone" where buying interest could emerge.

$141.86: A key support level from recent consolidation.

Resistance Zones: ⬆️

$162.26 - $200.22: The next resistance range, with $200.22 as a higher target from past highs.

$240.01: A significant resistance level, marking a previous peak—breaking this could signal a strong rally.

Trend Insight: 📉

The chart shows a descending triangle pattern (yellow lines), indicating a bearish bias unless broken upward. The recent price action suggests consolidation within the supply zone ($95.50 - $106.80), with the current level testing support near $141.86. The red candlestick reflects selling pressure, but volume remains notable.

Next Move: 🎯

If SOL holds above $141.86 and breaks $162.26 with volume, it could target $200.22 or even $240.01. A drop below $141.86 might retest the supply zone ($95.50 - $106.80). Watch volume and price action for confirmation.

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