TP done given at 163 and the target 166 ! How was the crystal clear analysis! Here another analyse !
SOL/USDT Consolidation: Predicted Value $171.76**
**Price Prediction**: SOL is now trading at **$166.73**, showing a slight increase of **+0.80%**. Based on technical indicators, SOL could test the **$171.76** resistance in the short term if upward momentum continues.
### **Key Technicals**:
- **Bollinger Bands**: SOL is near the middle band, suggesting consolidation. The slight tightening of the bands may indicate a potential breakout if volume increases.
- **RSI**: The RSI (6) is at **50.41**, indicating neutral momentum. However, with RSI (12) around **51.05**, there is still potential for an upward move if buying pressure persists.
- **MACD**: MACD is slightly bearish at **-0.14**, suggesting some weakness in momentum, but it could reverse if trading volume increases.
### **Fundamentals**:
- SOL continues to see steady interest, with no major news currently influencing sharp price movements. The trading volumes remain relatively stable, supporting a potential breakout if sentiment turns bullish.
### **Next Move**: If SOL can break above **$167.11**, it could rally toward **$171.76**. However, if volume declines or selling pressure increases, SOL might retest support levels near **$160.71**.