โ๐ฅ $SOL/USDT Daily Technical Update ๐ฅ
โ$SOL is currently trading at $106.14, holding key support above the 7-day Moving Average ($104.71) after pulling back from its recent high of $124.95.
โ๐ Key Levels to Watch:
โข Immediate Support: $104.70 โ $103.65 (24h Low)
โข Major Support: $95.55 (MA 99)
โข Key Resistance: $108.25 (24h High) & $112.85 (MA 25)
โ๐ก Market Outlook:
Price is consolidating. A breakout above $108.25 could trigger a move toward $112.80, while losing $103.60 may retest the $95.50 level.
โManage your risk and use strict stop-losses! ๐๐
โ#SOL $#Solana #CryptoTrading #Binance #TechnicalAnalysis
โ$SOL is currently trading at $106.14, holding key support above the 7-day Moving Average ($104.71) after pulling back from its recent high of $124.95.
โ๐ Key Levels to Watch:
โข Immediate Support: $104.70 โ $103.65 (24h Low)
โข Major Support: $95.55 (MA 99)
โข Key Resistance: $108.25 (24h High) & $112.85 (MA 25)
โ๐ก Market Outlook:
Price is consolidating. A breakout above $108.25 could trigger a move toward $112.80, while losing $103.60 may retest the $95.50 level.
โManage your risk and use strict stop-losses! ๐๐
โ#SOL $#Solana #CryptoTrading #Binance #TechnicalAnalysis