🚨 $SOL /USDT CHART ANALYSIS – GET READY FOR A MAJOR MOVE! 🚨

The $SOL /USDT 4-hour chart on Binance highlights a well-defined ascending channel, currently trading near $178.79 USDT. The price is fluctuating within this channel, suggesting a strong upward momentum, yet facing immediate resistance around the $183 mark.

💡 Critical Levels to Watch:

• Resistance: $183 USDT – If SOL manages to break above this level, we could see it rally toward the upper channel boundary, offering a bullish breakout.

• Support Zone: $160-$165 USDT – This purple zone provides strong support within the channel. A dip here could be an optimal entry for a long position.

📉 Long Entry Strategy:

• Entry Zone: $160-$165 USDT

• Target: $183 USDT, with a further upside potential towards $190 if momentum sustains.

• Stop Loss: Set at $158 USDT to minimize downside risk.

📉 Short-Term Short Entry Strategy:

• Entry: Near $183 USDT if rejection occurs.

• Target: $170 USDT with a continuation to $165 USDT.

• Stop Loss: Above $185 USDT to manage potential reversals.

SOL/USDT is at a decision point, where a breakout or rejection from key levels could drive the next big move.

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