SOL USDT

Trading at $221.21, which coincides with the 38.2% Fibonacci level. The market shows signs of local consolidation, which may precede either an impulsive rise or a deeper correction.

Key levels:

Resistances:

$247.17 — 23.6% Fibonacci level.

$264.29 — local maximum, the nearest target in the development of an uptrend.

$264.58 — extreme of the current impulse.

Supports:

$194.96 — 50% Fibonacci level.

$196.93 — 61.8% Fibonacci, strong support.

$174.03 — local level with FVG intersection, possible reaction zone.

$155.01 — 100% correction level, the extreme level in case of a deep fall.