$SOL 💯🔥🔥🔥🔥

/USDT Technical Analysis

Current Price: $222.98 (-1.08%)

Targets 🎯 for Short-Term Traders:

1️⃣ Target 1: $230

Resistance Zone: Breaking above $230 could signal bullish momentum, paving the way for a recovery trend. Traders might aim for this as the first profit zone.

2️⃣ Target 2: $240

Critical Level: A move past $240 could confirm strength, potentially attracting more buyers and indicating a shift in market sentiment.

3️⃣ Target 3: $250

Major Breakout Level: A breach of $250 opens the door for a stronger upward trajectory, aligning with broader positive trends for Solana.

Key Indicators:

RSI: Neutral, hovering near 50—suggesting a balanced market with potential for volatility.

MACD: Showing slight bearish divergence but could flip bullish if $230 resistance is tested.

Support Zones: $220 (short-term) and $210 (major support).

Conclusion

SOL's price action indicates consolidation within a tight range, with potential for breakout scenarios. Watch trading volumes and key levels closely to optimize entries and exits.

Stay informed and trade confidently on Binance!