$SOL š SOL/USDT Update (1H Chart)
SOL is currently consolidating around 126. The price is near MA(7) & MA(25), while MA(99 ~125 has established strong support.
There has been a nice bounce from 116, but the 128ā130 zone is strong resistance. Volume is a bit low, so waiting for a clear breakout is advisable.
Trading Plan:
ā Buy on dip near 125ā126 (support holds)
š Breakout buy above 128 with volume
šÆ Targets: 128.5 ā 130
š SL: 123.8
ā ļø Avoid high leverage, the market is currently range-bound.
Patience = Profit š„
#SOL #Solana #CryptoAnalysis #BinanceSquare #Altcoins #cryptotrading
