SOL/USDT Analysis – 4H Chart
In the 4-hour chart of Solana (SOL), the formation of an ascending triangle is observed, a consolidation pattern that, statistically, tends to break upwards.
Resistances
213.60 USDT: main barrier at the moment, where the price has already tested and retreated.
220 USDT: next area of interest in case of confirmed breakout.
Supports
200 USDT: immediate support, reinforced by the 25-period moving average.
185 USDT: most recent low, which supports the base of the pattern.
175 USDT: stronger support in case of a deeper correction.
The RSI at intermediate levels shows room for movement, without overbought conditions. Recent volume reinforces attention to the possible breakout of the triangle resistance, which, if confirmed, could drive the continuation of the upward trend.
⚠️ Remember: technical analysis is probabilistic, not certain.
❌ This is not a buy or sell indication.
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