$SOL/USDT

Current price: 207.19 USD (stabilizing at the key support area of 200)
Target Price:

- TP1: 210 USD
- TP2: 215 USD
- TP3: 220 USD
Stop loss price: 199 USD
Reason for purchase:
$SOL/USDT has seen strong buying pressure at the 200 support level, with the current price at 207.19 USD indicating bullish market dominance. The technical analysis shows the following bullish signals:

1. Key support effectiveness: 200 USD as a psychological level and recent low point, after rebounding, continuously staying above 204 USD verifies the strength of the support.
2. Breakthrough potential: If the resistance level of 212 USD is broken, it may trigger an accelerated rise to the range of 215–220 USD.
3. Momentum increase: After the price broke through the short-term resistance of $207.5, the RSI indicator rose to 62, and the MACD showed a bullish crossover divergence, indicating that the upward momentum is continuing;
4. Capital inflow: The net long positions of contracts increased by 18% in the past 24 hours, with a funding rate of +0.012% (longs paying interest), indicating that leveraged funds are actively going long.
This content is for reference only and should not be considered as investment advice.