$SOL Price: $195.87 (+7.86% 24h).🚀
24h Range: Low $177.27 → High $197.96 (price sitting near the top).
Strong Green Candle Spike: From $177 → $197 in one vertical move = very strong bullish momentum.
Order Book: Sellers (61.81%) outweigh buyers (38.19%), meaning supply pressure is building.
Timeframe: 1h chart, recent surge after consolidation.
✅ Momentum Signal:
Vertical breakout candle after a dip at $177 → strong buying pressure.
Near daily high ($197.96) → If broken with volume, can extend rally toward $200 psychological level.
Trend strength (Today +8.15%) confirms strong bullish push.
⚠️ Potential Reversal Indicators:
Sharp spike (parabolic move) → often followed by profit-taking or pullback.
Order book imbalance → sellers outweighing buyers (62% vs. 38%) hints at resistance near $196–$198.
Key resistance zone: $197–$200 → if rejection happens, price may retest $190–$192 support before next leg.
Wick formation on next candles would confirm reversal signs.
📌 Conclusion:
Current Signal = Momentum bullish, strong breakout after dip.
Next Levels to Watch:
✅ Break above $198 → next stop $202–$205.
⚠️ Failure to break → pullback to $190–$192 support zone.