As of January 2025, $SOL /USDT is forming a bullish symmetrical triangle, signaling potential continuation of its upward trend. The price is near a critical support zone along the ascending trendline, while key resistance looms at $221.36.
Volume has tapered during consolidation, indicating traders are waiting for a decisive breakout. A bullish move above $221 could propel SOL to the $280–$300 range, while failure to hold support might see a dip to $160–$170.
Traders should watch for a daily close above $221 with high volume for confirmation. Proper risk management remains essential, as symmetrical triangles can break in either direction.
Will SOL surge past $280, or revisit lower levels? Stay tuned!
