📈LONG: $SOL (4H)
Current Price $241.63
Market Cap $114.77B
Change 1h +0.05% | 24h -1.88%
4-Hourly Indicators:
• RSI: 51 - Neutral 🟠
• MACD: 0.57 - Bullish 🟢
• EMA: 240 - Trading Above 🟢
Analysis:
The SOL/USDT chart is showing an ascending channel, indicating a bullish momentum. The formation highlights key support/resistance at Fibonacci levels: 230.10 and 246.62. These levels are crucial for traders eyeing potential retracements or breakouts.
Price Targets:
Looking ahead, if the bullish trend continues, the next resistance could be around 254.00. Should support at 230.10 hold firm, it could drive prices higher, making 270.00 a feasible target for optimistic bulls.
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