Support & Resistance Strategy:
SOL has retraced to a support level, suggesting a potential bounce. Anticipate movement towards upper resistance levels.
Trade Setup:
Entry: $140 at current support.
Take Profit: $160-$170 or $200-$220.
Stop Loss: Just below $135.
Market Observation:
Recent market activity shows a range-bound pattern.
If SOL struggles to breach the next resistance, consider exiting to secure profits.
๐๐ Stay alert for SOL's movements! #SOLTrading #CryptoAnalysis ๐ฐ๐
SOL has retraced to a support level, suggesting a potential bounce. Anticipate movement towards upper resistance levels.
Trade Setup:
Entry: $140 at current support.
Take Profit: $160-$170 or $200-$220.
Stop Loss: Just below $135.
Market Observation:
Recent market activity shows a range-bound pattern.
If SOL struggles to breach the next resistance, consider exiting to secure profits.
๐๐ Stay alert for SOL's movements! #SOLTrading #CryptoAnalysis ๐ฐ๐