Solana (SOL/USDT) Technical Analysis
Key Levels to Watch:
- Support Zone: $125 - $138 (Point of Interest)
- Resistance Zone: $170 - $180
Market Outlook:
SOL is currently testing a strong support area, with a potential for a bullish reversal. If buyers step in, we could see a push toward the $170 resistance area. However, failure to hold support may lead to further downside movement.
Trading Strategy:
- Bullish Scenario: A bounce from the support zone could offer a long opportunity toward resistance.
- Bearish Scenario: A break below support may trigger further downside, invalidating the bullish setup.
Patience is key—watch price action at these critical levels. 🚀
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