$SOL $SOL

Current Price: $170.27

24h High: $172.17

24h Low: $165.41

24h Volume: 2.14M SOL / 3.57M USDT

### Support and Resistance Levels

- **Support Levels:**

- $168.79 (MA(99))

- $165.41 (recent low)

- **Resistance Levels:**

- $172.17 (recent high)

- $177.60 (24-hour high)

### Trade Entry Signal

- **Entry Point:** $170.29 (current price)

- **Stop Loss:** $168.79 (below MA(99))

- **Take Profit Levels:**

- First Take Profit: $172.17 (immediate resistance)

- Second Take Profit: $177.60 (24-hour high)

### Analysis

The price of SOL/USDT is currently trading above its moving averages (MA(7), MA(25), and MA(99)), indicating a potential upward trend. The recent price movement shows strong support at $168.79 and $165.41, with immediate resistance at $172.17 and potential further resistance at $177.60. Entering at the current price of $170.29 with a stop loss below the support level and setting take profit targets at the resistance levels could be a strategic move.

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