$SOL
SOL/USDT 4-Hour Chart Analysis😱
Key Observations:📊
1.Uptrend Momentum: SOL has shown significant bullish movement from around $127 to a recent high of $248.44.
2.Current Price: $241.76, indicating a slight pullback from the recent peak.
3.Support Levels:💯
•$210: Immediate support zone from previous consolidation.
•$165: Key support where the price previously bounced.
4.Resistance Levels:⛔️
•$248.50: Recent peak acting as a resistance.
•$255-$260: Possible psychological resistance if upward momentum continues.
5.Volume Trends: Consistently high volume during the recent upward rally.
Bullish Price Predictions 🚀:
1.$250: Short-term breakout above the recent peak.🎯
2.$270: Continuation of the bullish rally with buying pressure.🎯
3.$300: Key psychological resistance if momentum sustains.🎯
4.$330: Strong rally driven by market optimism.🎯
5.$400: Major target if bullish sentiment dominates.🎯
Bearish Price Predictions 📉:
1.$230: Retesting immediate support.🎯
2.$210: Deeper correction to key support.🎯
3.$185: Testing levels seen during prior consolidation.🎯
4.$165: Major support zone if bearish pressure increases.🎯
5.$127: Full retracement to the origin of the uptrend.🎯