๐Ÿšจ $SOL /USDT UNDER PRESSURE โ€“ CRITICAL LEVELS IN FOCUS FOR THE NEXT MOVE ๐Ÿšจ

The $SOL /USDT chart is displaying a notable pullback, currently trading at $173.62, down by 1.65%. The key zones for traders to monitor are the 24h high of $179.30 and the 24h low of $170.66, as they define the immediate resistance and support boundaries.

๐Ÿ’ก Key Levels to Watch:

Resistance: $176.56 USDT โ€“ This level is crucial for bulls to break through in order to reverse the downward momentum. A clean breakout can signal a move towards $179.30 and beyond.

Support: $170.66 USDT โ€“ A failure to hold this zone could lead to a further drop toward $170.22 or lower, potentially triggering bearish sentiment.

๐Ÿ“ˆ Entry Strategy:

Long Entry: Look for a bounce from the support at $170.66 with a target of $176.56. Consider placing a stop loss at $170.00 to minimize risk.

Short Entry: If the price fails to break $176.56, consider shorting with a target of $170.66, placing a stop loss at $177.50.

โš ๏ธ Risk Management: Stick to tight stop losses as volatility in $SOL can lead to sharp price swings, especially around these critical zones.

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