$SOL

/USDT Technical Analysis

SOL is making waves in the market, currently trading around $240.56. Here’s a breakdown of its potential movement and key targets to watch out for:

📊 Current Market Overview:

24h High: $241.02

24h Low: $212.10

Volume: 7.03M SOL (~$1.58B USDT)

Trend: Bullish Momentum (+10.03% in 24h)

🎯 Target Levels:

1️⃣ Target 1: $250

A minor resistance level. If the bullish momentum continues, SOL could easily hit this mark in the short term. Traders looking for quick gains might consider partial take-profits here.

2️⃣ Target 2: $270

This level aligns with a significant Fibonacci retracement zone and could act as a strong resistance. Breaking above this could signal the start of a major rally.

3️⃣ Target 3: $300

A psychological and historical resistance level. If SOL reaches this point, it could spark FOMO buying, pushing the price even higher.

🔍 Key Indicators:

RSI: Showing overbought conditions, a pullback might occur before hitting higher targets.

MACD: Positive crossover, indicating continued bullish momentum.

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