📊 $SOL
/USDT Technical Analysis – Targets in Focus!
Current Price: $233.47 (-2.65%)
SOL has seen some retracement after hitting $247.50, but the bulls might not be done yet. Here’s a breakdown of potential moves:
🎯 Target 1: $240 – Short-Term Rebound
This level aligns with minor resistance on the 1-hour chart. A recovery above $240 could indicate renewed buyer interest.
🎯 Target 2: $250 – Key Resistance Zone
$250 represents the psychological and technical barrier. Breaking this level could trigger bullish momentum, pushing SOL toward higher levels.
🎯 Target 3: $265 – Bullish Breakout Potential
If SOL manages to sustain above $250, we could see a rally toward $265. This aligns with a previous support-turned-resistance on the 4-hour chart.
Key Observations:
Support: $230.37 (24h Low)
Resistance: $247.50 (24h High)
Volume: Strong at 1.42B USDT
Stay vigilant! If SOL holds its support and bulls step in, these targets might soon be in play.
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