$SOL #AGAIN

SOL/USDT Technical Analysis - Key Levels to Watch 🔍

The SOL/USDT pair is showing a positive trend with a recent price movement of 216.99 USDT, up by 1.07%. As we analyze the price action and key technical indicators, here are three target levels 🎯 to keep an eye on in the coming hours:

1. Target 1: 218.00 USDT

After reaching a 24-hour high of 216.99 USDT, the next immediate resistance lies at 218.00 USDT. If the price breaks through this level, we could see a continued bullish momentum towards higher levels.

2. Target 2: 220.50 USDT

If the buying pressure intensifies, 220.50 USDT becomes the next key level to watch. This could act as a major resistance point as the market tests this level.

3. Target 3: 225.00 USDT

The final target in this upward trend is 225.00 USDT. This level represents a significant psychological resistance, and a break above it would indicate strong bullish sentiment, potentially opening up higher levels in the near term.

Support Levels:

Immediate support is found at 211.46 USDT (24h low), which is crucial for maintaining the current bullish structure. If price fails to hold above this support, we could see a correction toward 205.00 USDT.

Technical Indicators:

The moving averages (MA) for 5 and 10 periods are showing positive divergence, confirming the bullish bias for now.

Volume levels are solid, with 24h volume of 2.07M SOL, reflecting decent market participation.