Trading SOL/USDT | Buy and Sell Strategies

The chart represents the trading pattern of SOL/USDT on Binance. Currently, the price is around 141.54, with resistance at 143.54 and support at 137.89. Below are the potential buy and sell positions:

Buy Position:

• Entry Point: Above 143.54 (if the price breaks this resistance)
• Target: Around 155.35 (next resistance level)
• Stop-Loss: Below 141 (previous resistance level)

Sell Position:

• Entry Point: Below 137.89 (if the price breaks this support)
• Target: Around 128 (next support level)
• Stop-Loss: Above 137.89 (previous support level)

These positions aim to capitalize on breakout movements while managing risk with stop-loss levels.