🚀 $SOL /USDT Technical Analysis: Targeting the Next Moves!đŸš€đŸš€đŸš€đŸš€đŸ”„

Solana (SOL) has been on an impressive bullish run, currently trading at $196.93 (+1.28%), with a 24-hour high of $197.83 and a low of $175.26. Here’s a detailed technical analysis with 3 key targets to watch:

Key Levels to Monitor

1ïžâƒŁ Immediate Resistance: $200

If SOL breaks this psychological level, it could trigger a strong upward momentum. Watch for volume confirmation.

2ïžâƒŁ Mid-Term Target: $215

This level aligns with the Fibonacci retracement zone, indicating a potential consolidation before the next leg up.

3ïžâƒŁ Long-Term Target: $230

Breaking past $215 could set the stage for SOL to challenge its recent highs, showing significant bullish strength.

Indicators to Note

RSI: Approaching the overbought zone, signaling caution for short-term traders.

MACD: Positive crossover on the 4-hour chart, reinforcing bullish sentiment.

Volume: Consistent growth with 24h volume at 1.75B USDT, highlighting strong market interest.

Strategy for Traders

📊 Short-Term: Look for breakout confirmation above $200 before entering.

📈 Mid-Term: Hold positions with stop-loss at $190, targeting $215.

đŸ’Œ Long-Term: Patience is key. SOL could aim for $230 with continued market support.

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