🚀 SOL/USDT Trading Analysis 🚀
📈 Support and Resistance Levels
Support SOL found strong support around $141.17, where buyers stepped in to prevent further decline.
Resistance The immediate resistance is near $145.52. A breakout above this level could signal bullish momentum.
🔍 Entry Strategy
Buy Entry Consider entering a buy position if SOL breaks above $145.52 with strong volume and positive indicators.
Stop Loss Set a stop loss below $141.17 to protect against sudden reversals.
Target Aim for the next resistance at $149.24 for potential profit.
📊 Indicators
Moving Averages MA7 and MA25 are key indicators to watch for crossover points, signaling potential buy or sell opportunities.
MACD Monitor the MACD histogram and signal lines for confirmation of trend direction.
