$SOL

Based on the chart and current market conditions for SOL/USDT on the 4-hour timeframe:

Key Observations:

1. Uptrend Confirmation: SOL is in a strong uptrend, hitting a recent high of $239.90. Higher highs and higher lows are forming.

2.Volume Surge: There’s significant volume behind this move, suggesting strong momentum.

3.Support and Resistance:

•Support levels: $204 and $162.

•Immediate resistance: $240 zone.

4.Overbought Indicators: The price may be approaching overbought conditions on indicators like RSI or MACD.

Short-Term Price Predictions:

1.Bullish Case:

•Target 1: $245 - Testing new highs with strong momentum.

•Target 2: $255 - If bullish momentum continues, this could be the next breakout.

2.Neutral/Consolidation:

•Support Revisit: $204 - Could see consolidation before the next leg up.

3.Bearish Pullback:

•Correction Level 1: $212 - Slight pullback from overbought levels.

•Correction Level 2: $180-$162 - Major correction level if broader market weakens.