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#Gate.io Annual Report 2024 #BTC is on a pullback, what's next?#$SOL /USDT: Momentum is building, with precise targets.
Dissolution price: 186.56 +2.14%
The price of the $SOL/USDT trading pair is $185.57, up 1.39% over the past 24 hours. The price has rebounded from the 24-hour low of $176.48 and is approaching its resistance level near $187.87. The RSI is 70.68, indicating strong buying momentum, while the MACD shows signs of further upside potential.
To fine-tune the trading setup, consider setting an entry point around $185. The target levels can be set as TP1: $187.50, TP2: $189.00, and TP3: $190.50, ensuring a balanced capture of profits. To manage risk effectively, set the stop loss at $182.00. With this strategy, traders can take advantage of sustained momentum while minimizing downside risk.
#SOLUSDT #Gate.io Annual Report 2024 #BTC is on a pullback, w Posts celebrating Christmas with gate #hat's next?#