๐Ÿ’ฅ๐Ÿ’ฅ ๐—ฆ๐—ผ๐—น๐—ฎ๐—ป๐—ฎ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ฃ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ณ๐—ผ๐—ฟ ๐—ง๐—ผ๐—ฑ๐—ฎ๐˜†

1. ๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—”๐—ฐ๐˜๐—ถ๐—ผ๐—ป:

The price has rebounded from a low of 160.93 and is currently at 170.48.

There is a visible upward momentum as indicated by the last few candles on the 30-minute chart.

2. ๐—ž๐—ฒ๐˜† ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—น๐˜€:

Resistance: The recent high of 183.54 is a significant resistance level.

Support: The recent low at 160.93 is a key support level.

3. ๐— ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ๐˜€:

The MA5 (5-period moving average) is at 22.36K, indicating strong recent buying interest.

The MA10 (10-period moving average) at 20.21K also supports the upward trend.

3. ๐— ๐—”๐—–๐—— (๐— ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ฟ๐—ด๐—ฒ๐—ป๐—ฐ๐—ฒ ๐——๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐—ด๐—ฒ๐—ป๐—ฐ๐—ฒ):

The MACD line (0.302) is above the signal line (0.881), which is a bullish sign.

The histogram shows increasing positive values, indicating increasing upward momentum.

4. ๐—ฉ๐—ผ๐—น๐˜‚๐—บ๐—ฒ:

The volume is currently 27.68K, which is higher than the MA5 and MA10, suggesting strong buying interest.

5. ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—น๐—น ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ:

Bullish Scenario: Given the current upward momentum, positive MACD, and strong volume, there is a high probability that the price will continue to rise towards the next resistance level at 177.88 and possibly test the recent high at 183.54

Probability: ~70%

Bearish Scenario: If the price faces strong resistance and fails to break above 172.23, it could retrace back to the support level at 166.58.

Probability: ~30%

๐—–๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป:

Based on the technical indicators and recent price action, there is a higher likelihood (around 70%) that the price of SOL/USDT will continue its upward trajectory.

$SOL $BTC

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