đ¨ $BNSOL /USDT - Approaching Critical Decision Zone! đ¨
The BNSOL/USDT pair is at a crucial juncture, testing key levels that could trigger either a significant breakout or a potential pullback. On the 15-minute chart, the price is consolidating, making this a prime moment for traders to monitor closely.
Current Price: 168.7 USDT
24H High: 172.6 USDT
24H Low: 164.2 USDT
đĄ Support and Resistance Levels to Watch đĄ
đ Major Support: 168.0 USDT â This zone is holding firm. A break below could send the price toward 164.2 USDT.
đ§ Key Resistance: 172.6 USDT â A breakout here could push the price toward 174.5 USDT in the short term, attracting bullish momentum.
đŻ Entry Strategy:
⢠Long Position: Enter above 172.6 USDT, targeting 174.5 USDT. Stop-loss should be set around 170.0 USDT to protect against false breakouts.
⢠Short Position: If rejected at 172.6 USDT, consider entering a short trade targeting 168.0 USDT, with a stop-loss at 173.0 USDT.
Stay alert! A break from this consolidation pattern will likely spark strong directional movement. Make sure your stop-loss is tight to manage risk effectively!#CMEBTCFuturesRecordHigh #USRetailSalesBoost #BTCSoarsTo68K #XRPDonationsUSElections #ScrollOnBinance
