Current price: $213.70
Daily change: +3.98%
Highest price today: $216.91
Lowest price today: $205.38
🔍 Updated technical analysis
1. General trend
SOL is experiencing a strong upward movement, having risen by 18.3% over the past week, indicating strong positive momentum.
2. Support and resistance levels
Main support: $200 – $205
Main resistance: $215 – $220
Breaking the $220 level could open the way towards higher levels reaching $230 – $240.
3. Technical indicators
RSI: around 65, indicating strong bullish momentum without reaching overbought territory.
MACD: the blue line is above the orange line, indicating a continuation of the bullish trend.
🧭 Possible scenarios
✅ Bullish scenario
If the price continues to rise and surpasses the $220 level, we may see a strong upward movement towards $230 – $240.
⚠️ Bearish scenario
If the price declines below the $205 level, there may be a correction towards $200 – $195.
💡 Personal tips
Monitor price movement around the $215 – $220 level closely, as it is a critical point for determining the next direction.
Use limit orders at support and resistance levels to reduce risks.
Do not get swayed by daily fluctuations, and focus on the overall market trend.
$SOL #NewHighOfProfitableBTCWallets