🔷SOL / USDT
• Current Price: $192.93
• 24-Hour Change: +9.35%
• 24-Hour High: $201.98
• 24-Hour Low: $175.83
• 24-Hour Volume (SOL): 6,174,772.10 SOL
• 24-Hour Volume (USDT): 1,177,211,210.03 USDT
Market Analysis (15-Minute Timeframe)
Support Levels:
1. $190.50 - This is a short-term support level that was tested earlier today. If the price drops below this level, it could indicate further downside movement.
2. $188.00 - A stronger support where the price has bounced off in the past few hours.
Resistance Levels:
1. $195.00 - A key resistance that the price struggled to break above earlier today. If the price pushes past this, we could see a breakout.
2. $200.00 - The psychological resistance level; a break above this would signal further bullish movement.
Market Sentiment:
• Long: The market sentiment is leaning slightly bullish, with a 57.10% long position and a 42.90% short position. This indicates that most traders expect further upward movement, but caution is required as the market is still showing some resistance.
• The relative strength index (RSI) is approaching the overbought zone, suggesting the possibility of a pullback before a potential move upwards.
Trade Setup
🟩Long
♻️Leverage: 10x
👉Entry: $193.50 (around current price level)
🎯Target:
• $195.50 (initial target)
• $198.00 (secondary target)
• $200.00 (final target)
🔻Stop Loss: $190.00 ⛔
