šŸ“Š $SOL

/USDT Technical Analysis ā€“ 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. Hereā€™s a breakdown of potential moves:

šŸŽÆ Target 1: $240 ā€“ Short-Term Rebound

This level aligns with minor resistance on the 1-hour chart. A recovery above $240 could indicate renewed buyer interest.

šŸŽÆ Target 2: $250 ā€“ Key Resistance Zone

$250 represents the psychological and technical barrier. Breaking this level could trigger bullish momentum, pushing SOL toward higher levels.

šŸŽÆ Target 3: $265 ā€“ 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.

@Contentos-COS

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