š $SOL /USDT - Testing Critical Support!
Current Price: $208.79
Recent High: $223.18
24h Low: $205.36
Technical Outlook:
Solana's price has pulled back sharply from $223.18, breaking below the $213.76 support zone. The current price hovers near $208, a key level to watch for signs of recovery or further declines. A strong rebound could see SOL test resistance at $213.76 again.
Trade Setup:
Entry Range: $207.00 - $209.50
Targets:
Target 1: $213.00
Target 2: $218.50
Target 3: $222.50
Stop Loss: $202.00
Market Behavior:
SOL is displaying high volatility, and volume increases near support levels suggest active buying interest. A close above $213 could confirm a bullish recovery, while a breach of $205 may lead to extended downside pressure.
Stay cautious and execute with precision!
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