SOL/USDT
👀 Solana is approaching a key resistance area. Could the next move bring a bullish breakout, or will sellers defend the zone?
🎯 POTENTIAL SPOT TRADE SETUP
🟢 Entry Zone: $109.50– $110.70
✅ Take Profit 1: $112.00
✅ Take Profit 2: $113.30
🛑 Stop Loss: $108.70
⚠️ ENTRY CONFIRMATION REQUIRED!
Wait for a confirmed 1H candle close above $110.80 before considering this setup. Avoid chasing sudden price spikes.
🔍 TECHNICAL OUTLOOK
🔹 Resistance: $110.79 – $111.00
🔹 Immediate Support: $109.40 – $109.50
🔹 Higher Resistance: $112.00 – $113.30
A breakout above resistance could support bullish continuation. However, losing the nearby support region would weaken the bullish scenario.!
#SOL #solana #BinanceSquare #XRPLedgerPatchesXRPCreationBug #TechnicalAnalysis #SpotTrading #Altcoins #CryptoMarket
Educational analysis only. Not financial advice.
👀 Solana is approaching a key resistance area. Could the next move bring a bullish breakout, or will sellers defend the zone?
🎯 POTENTIAL SPOT TRADE SETUP
🟢 Entry Zone: $109.50– $110.70
✅ Take Profit 1: $112.00
✅ Take Profit 2: $113.30
🛑 Stop Loss: $108.70
⚠️ ENTRY CONFIRMATION REQUIRED!
Wait for a confirmed 1H candle close above $110.80 before considering this setup. Avoid chasing sudden price spikes.
🔍 TECHNICAL OUTLOOK
🔹 Resistance: $110.79 – $111.00
🔹 Immediate Support: $109.40 – $109.50
🔹 Higher Resistance: $112.00 – $113.30
A breakout above resistance could support bullish continuation. However, losing the nearby support region would weaken the bullish scenario.!
#SOL #solana #BinanceSquare #XRPLedgerPatchesXRPCreationBug #TechnicalAnalysis #SpotTrading #Altcoins #CryptoMarket
Educational analysis only. Not financial advice.