$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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