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$SOL - EMERGENCY UPDATE 🚨
SOL/USDT is currently showing strong bullish momentum, trading at $225.18 with a 3.61% gain. The price recently tested a high of $247 and found support at $203, reflecting a rebound from lower levels.

Looking at the Bollinger Bands, the price is approaching the upper band at $231.38, signaling potential overbought conditions. The middle band ($221.38) acts as immediate support, while the lower band ($211.38) provides a safety zone in case of a reversal.

Volume has picked up slightly, supporting the recent upward movement, and the MACD shows positive momentum as the MACD line is above the signal line with a green histogram. This confirms the bullish trend, but with price nearing resistance, I’ll watch closely for a potential breakout above $231. If it fails to break, a retracement toward $216 or even $211 could occur.