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#SOLUSDT Technical Analysis
- Fibonacci Retracement Levels:
- 0.236: 158.80 (near-term resistance)
- 0.382: 145.61 (support near current price)
- 0.618: 134.97 (lower support)
The SOL/USDT pair is currently testing significant support at 146.25 USDT.
If the price can hold above this level, there is potential for upward momentum targeting 206.58, with a longer-term goal of reaching 234.12 and 265.25.
However, a break below 130.00 would invalidate the bullish scenario and could indicate a bear market continuation.
Monitoring price action around these key levels will be essential for determining future movements.
