SOL COIN ANALYSIS 🔥🔥👇 ON CURRENT SITUATION
#BinanceHODLerLINEA
$SOL
{spot}(SOLUSDT)
📊 SOL/USDT Daily Chart Update – September Outlook 📊
Solana (SOL) is once again testing the critical resistance zone between $216 – $220. This level has been a key barrier for the past several weeks, and price action is showing us a clear battle between buyers and sellers. Let’s break it down step by step 👇
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🔍 Current Market Situation
Price: $216
24h High: $219.79
24h Low: $210.79
Volume: 5.03M SOL (~$1.08B in USDT)
The chart highlights repeated attempts to break through resistance. Each time SOL approaches this area, sellers step in and push the price lower, creating a clear supply zone.
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🟢 Bullish Case
If SOL manages to close strongly above $220 with high volume, it could mark a breakout. This would confirm that buyers have absorbed the selling pressure at resistance. In this case, we could see SOL quickly pushing toward:
First target: $230
Next target: $240+
Such a breakout could bring strong momentum as traders who were waiting on the sidelines jump in.
---
🔴 Bearish Case
If resistance holds again, SOL could face another rejection. In that case, price may retrace toward:
Immediate support: $205 – $200
Stronger support zone: $190
This would be a healthy correction, giving the market room to gather strength before another attempt upward.
---
📌 Key Levels to Watch
Resistance Zone: $216 – $220
Support Zone: $200 – $190
Breakout Confirmation: Daily close above $220
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🧠 Trading Mindset
At this stage, patience is crucial. Instead of chasing the price inside resistance, it’s often smarter to:
1. Wait for a breakout and retest → safer long entry.
2. Look for short opportunities if the rejection is confirmed with strong bearish candles.
Risk management should always come first. Place stop-losses wisely, and avoid emotional trades at key levels.
---
⚠️ Disclaimer: This is not financial advice. Always do your own research before trading or investing.
---
Would you like me to also create a short summary version
at the end of the post for quick readers (like
a TL;DR with only the main points)?
#BinanceAlphaAlert
#AltcoinMarketRecovery
#NasdaqTokenizedTradingProposal
$SOL
{spot}(SOLUSDT)
📊 SOL/USDT Daily Chart Update – September Outlook 📊
Solana (SOL) is once again testing the critical resistance zone between $216 – $220. This level has been a key barrier for the past several weeks, and price action is showing us a clear battle between buyers and sellers. Let’s break it down step by step 👇
---
🔍 Current Market Situation
Price: $216
24h High: $219.79
24h Low: $210.79
Volume: 5.03M SOL (~$1.08B in USDT)
The chart highlights repeated attempts to break through resistance. Each time SOL approaches this area, sellers step in and push the price lower, creating a clear supply zone.
---
🟢 Bullish Case
If SOL manages to close strongly above $220 with high volume, it could mark a breakout. This would confirm that buyers have absorbed the selling pressure at resistance. In this case, we could see SOL quickly pushing toward:
First target: $230
Next target: $240+
Such a breakout could bring strong momentum as traders who were waiting on the sidelines jump in.
---
🔴 Bearish Case
If resistance holds again, SOL could face another rejection. In that case, price may retrace toward:
Immediate support: $205 – $200
Stronger support zone: $190
This would be a healthy correction, giving the market room to gather strength before another attempt upward.
---
📌 Key Levels to Watch
Resistance Zone: $216 – $220
Support Zone: $200 – $190
Breakout Confirmation: Daily close above $220
---
🧠 Trading Mindset
At this stage, patience is crucial. Instead of chasing the price inside resistance, it’s often smarter to:
1. Wait for a breakout and retest → safer long entry.
2. Look for short opportunities if the rejection is confirmed with strong bearish candles.
Risk management should always come first. Place stop-losses wisely, and avoid emotional trades at key levels.
---
⚠️ Disclaimer: This is not financial advice. Always do your own research before trading or investing.
---
Would you like me to also create a short summary version
at the end of the post for quick readers (like
a TL;DR with only the main points)?
#BinanceAlphaAlert
#AltcoinMarketRecovery
#NasdaqTokenizedTradingProposal
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
133.95
-2.19%