$SOL /USDT on the 15-minute chart is currently positioned at 178.44 USDT, showing potential for either a recovery towards resistance or a drop towards support.
The key resistance level is set at 183.38 USDT, while support is observed at 176.41 USDT. To capitalize on a potential upward movement, an entry point at 178.50 USDT is recommended, slightly above the current level to confirm a positive shift.
For profit-taking, the targets are set closely for incremental gains: TP1 at 179.50 USDT, TP2 at 181.00 USDT, and TP3 at 183.00 USDT, which approaches the resistance zone.
A stop loss is prudently placed at 176.00 USDT, below the support level, to manage risk if SOL reverses direction.
This setup is designed to capture short-term opportunities within SOL’s narrow trading range, with each target carefully placed to allow for quick adjustments depending on market movement.
Watch for any changes in volume, as they could signal a breakout or further decline.
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