SOL/USDT 
2024-12-16
Category: None

$SOL/USDT is trading within a falling wedge pattern, with key support at $210.47 and initial resistance at $223.72; a confirmed breakout signals targets at $265.95 and $311.27. Holding above the strong support at $197.45 strengthens the bullish case, while a stop-loss below this level mitigates risk. Technical indicators, including Fibonacci levels, suggest upward momentum, contingent on increased buying pressure, offering an attractive risk-to-reward ratio upon resistance breakout confirmation