SOL/USDT - What do the indicators say?!
Current price: 211.31 USDT (+1.95%)
Trend: Upward, recovering from a low of 185.33 USDT. Price is above EMA(7/25/99), EMA(7) is above long EMAs → bullish momentum.
MACD: MACD line is above the signal line, histogram is growing → confirms the rise.
RSI / Stochastic: RSI ~62–66, STOCHRSI ~91–94 → overbought, possible short-term consolidation.
Entry points:
🟢Main entry: 208–210 USDT (pullback to EMA7/25)
🔴Alternative entry: 200–202 USDT (correction to strong support EMA25)
Targets:
🎯Target 1: 218 USDT (+3.2%)
🎯Target 2: 225 USDT (+6.5%)
🎯Target 3: 233 USDT (+10.3%)
🎯Target 4: 240 USDT (+13.7%)
Conclusion: SOL maintains a bullish trend, but high overbought conditions may cause short-term consolidation. Entries on pullbacks to supports allow for trading with lower risk and clear targets.
Spot trading 👉$SOL