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Solusdtidea

SOLANA - BULLISH OUTLOOKSymbol - SOLUSDT SOLUSDT is currently testing its trend support, with bulls attempting to maintain their position above the intermediate bottom and establish a foothold in the buy zone. Both from a fundamental and technical perspective, SOLUSDT shows promising potential. At present, Bitcoin is in a consolidation phase, which may present an opportunity for strong altcoins to gain momentum. From a technical standpoint, Solana has touched the trend support and is now attempting to consolidate. Although there remains a possibility of a false breakdown below the trend support before a potential upward move, the primary focus is on the resistance zone between 200 and 203. Should the bulls successfully defend above this range, the coin may experience a further strengthening, with potential targets of 245, 270, and 290 in the medium term. Key Resistance Levels: 203, 200 Key Support Levels: 188, 182.65 Attention is drawn to the local range boundaries, as the market is currently vying for dominance in the 200-205 zone. Additionally, Bitcoin is forming a local bullish momentum, which could serve as a catalyst for further movement within the broader cryptocurrency market.
Long
by akshit_official
Fireball Finance : SQL Breakout - Targeting $350!This weekly chart of SOL/USDT highlights a potential trading setup: Support Zone: The green zone around $113.74 has shown strong buying interest, acting as a base for the current uptrend. Fair Value Gap (FVG): A key area around $190-$200, marked in yellow, could serve as a liquidity zone for a possible retracement before resuming the upward move. Resistance Zone: The red zone near $266 could act as the next significant hurdle. A clean break above this level could confirm bullish momentum. Target: If the bullish scenario plays out, we may see SOL rally towards the target of $350, as marked in yellow. Plan: Watch for price action near the FVG zone. A strong bullish reaction here may offer a good entry point. Monitor the breakout above the resistance at $266. A confirmed close above this level strengthens the case for reaching the $350 target. Use appropriate risk management. A stop-loss below the FVG zone or support near $113.74 can help manage downside risk. This idea is based on the current market structure and should be updated as price action evolves. Note: This content is for educational purposes only and is not investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
Long
by fireballfinanceofficial
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