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#SOL Analysis ššš
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#BNB/USDT $BNB Possible Support Levels: 1. 590-600 USD Zone ā If the current level fails to hold, this zone may act as support. 2. 560-570 USD Zone ā In case of a major sell-off, strong support can be found here. 3. 507-510 USD Zone ā A key demand zone where the last major bounce occurred. Possible Resistance Levels: 1. 643-650 USD Zone ā The likely resistance for the current uptrend. If this level is broken, a new high may be formed. Technical Analysis: A double top or rejection pattern is visible on the chart, which may create short-term downside pressure. If 620 USD fails to hold, the price may drop to the 590-600 USD zone. If 643 USD breaks, the price may move toward 650+ USD. Potential Trade Ideas: Bullish Trade: If the 620 USD level holds as support, the target could be 643-650 USD. Bearish Trade: If 620 USD breaks, the price could fall to 590-600 USD, where a new entry opportunity might arise.
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#SOL $SOL Possible 4H Support Levels Based Chart: 1. 131-132 USD Zone ā This was a previous resistance level, which may now act as support. 2. 124-126 USD Zone ā A strong support zone where the market previously bounced. 3. 121-122 USD Zone ā The last swing low, from where a major upward move started. Technical Analysis: Price is currently in the resistance zone (136-137 USD). A bearish rejection pattern is forming, indicating a potential price drop. MACD and RSI might be in the overbought zone, increasing sell pressure. Possible Trade Ideas: If 131-132 USD holds as support, the price may bounce back up. If 131 USD breaks down, the price could drop to 124-126 USD. A further breakdown could push the price down to 121 USD.
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