Professional analysis of Solana (SOL/USDT) on a 4-hour timeframe using Gann Box tool (Zeilerman) and Fibonacci

🧠 Current technical situation for SOL/USDT:

🔹 Current price: 199.20 USDT

🔹 Daily increase percentage: +1.79%

🔹 General trend: Strongly bullish

📐 Gann Box and Fibonacci analysis:

The Gann Box was drawn from a bottom of approximately 155 to a peak of 204. Price behavior respects the geometric and Fibonacci levels, giving high credibility to the analysis.

🔼 Resistance levels:

1. 204 USDT (current peak):
   
   Represents significant psychological and technical resistance at the top of the box and the highest level in the current movement.

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3. 207 – 210 USDT:
   
   Potential target in case of a strong upward breakout, especially if 204 is broken steadily.

   
   

🔽 Strong support levels:

1. 192 – 194 USDT:
   
   Strong support at level 0.618 of Gann Box, the price recently bounced from it.

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3. 185 – 180 USDT:
   
   Vital support area at the middle of the box (0.5), and it may see strong demand if a correction occurs.

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5. 176 – 172 USDT:
   
   Deep support, breaking it changes the short-term trend structure.

   
   

🔁 Price behavior and recent movements:

• Legitimate breakout of level 0.5 from Gann Box.

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• Clear buying strength after breaking 180 USDT.

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• Some fluctuation above 200 USDT, indicating resistance but without decisive reversal signals yet.

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• The candlestick formation indicates the possibility of "accumulation" or "light correction" before continuing the rise.

  
  

📊 Supporting technical indicators (recommended to confirm via the chart directly):

Indicator potential reading interpretation RSI between 65 – 70 near overbought, possible slight correction MACD positive crossover supports continued upward momentum Volume high and stable strong liquidity inflow

📈 Possible scenarios:

🟢 Positive scenario (rise):

• Ifthe level of 204 USDT is broken steadily, then the next targets are:
  

  • 210 USDT

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  • 215 – 220 USDT (extended target)

    
    

🔴 Negative scenario (correction):

• If the price fails to hold above 200 USDT:
  

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  • A correction towards 192 – 185 USDT is expected.

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  • Breaking below 180 USDT means changing the short-term trend structure.

  
  

🧭 Summary:

• The general trend is clearly upward with strong technical and geometric support.

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• Smart buying is at support 192 or 185.

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• Partial selling/caution at peaks 204 – 210.

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• Proposed stop loss: Below 180 USDT.

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• $SOL