SOL/USDT planning for bullish move?👀🚀SOL Today analysis

💎 Paradisers, let’s delve into the #SOLUSDT analysis! An intriguing shift has occurred, with momentum gradually recovering from critical support following a significant drop.

💎 A few days ago, we observed a double top formation. Subsequently, the price of SOL experienced a substantial decline, breaking below recent lows and completing an SPA pattern. Currently, the price is showing respect for the critical support level at 123.60. If this level successfully holds momentum, we can anticipate a move toward the major resistance above. Notably, there exists an unfilled gap below this resistance, suggesting a high likelihood that the price will revisit that area.

💎 However, it’s crucial to exercise prudence. Should Solana dip below the pivotal support zone, we might witness a pronounced bearish downturn. In such a scenario, our attention shifts to anticipating a bullish rebound from the lower support level at $102.58.

💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, closely monitor market movements, and eagerly await further insights.

MyCryptoParadise
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