SOL/USDT: Ready for a Bounce?
Looking at the daily chart, SOL is holding strong support around the $83.60 level. While there’s potential for a move up, we are still facing resistance from the moving averages.
Entry: $84.00 - $84.50 (A safer long entry would be after a confirmed breakout above $86.60)
Target: $92.00 - $96.00
Stop Loss: Below $80.00 (If it breaks this, the bearish trend might continue)
Quick Tip: The market is currently in a consolidation phase, so keep your positions managed and take profits along the way!
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