Technical Analysis: $SOL

/USDT Price Action & Target LevelsAs we analyze the current market conditions for SOL/USDT, the price is currently at $143.57, reflecting a +2.84% increase. Let's dive into the key levels and potential targets:Current Market Overview:24h High: $144.9324h Low: $143.5724h Volume (SOL): 2.73MMA(5): 3,300,775.56MA(25): 143.69Technical Analysis:1. Immediate Resistance Level: $145.70This level aligns with the MA(7) and serves as a critical barrier for bulls. A breakthrough here could pave the way for further gains.2. Primary Target: $150.00A psychological level and recent price action suggest strong buying interest around this target. A sustained move above this level could trigger a bullish momentum.3. Long-Term Target: $161.78Positioned at the previous high, this target reflects a significant retracement level. If SOL continues its upward trajectory, this could be a realistic target for traders to watch.Conclusion:The SOL/USDT pair is currently in an upward trend, supported by increasing volume and positive price action. Traders should monitor the mentioned target levels closely, as they could present opportunities for both short-term and long-term strategies. Stay updated with market developments and trade wisely!