🚨 SOL/USDT Technical Update – Trader’s Eye View (4H Chart) 🚨
Currently, SOL is trading around $208, showing a minor pullback after testing the upper resistance zone near $213. On the 4H timeframe, we can clearly spot a consolidation pattern forming right below the resistance, which often signals that the market is preparing for its next big move.
📊 Key Zones to Watch:
🔹 Upper Resistance Zone: Around $213–215, where sellers are trying to push price down.
🔹 Lower Support Zone: Around $200–202, providing strong buying pressure and acting as a demand zone.
💡 Technical Outlook:
Price action suggests that SOL may experience a small dip (healthy correction) into the lower zone before making its next attempt to break out. This kind of pullback is often seen as a bullish retest—a chance for strong hands to accumulate before the pump. If the price manages to hold above the lower zone and break past the upper resistance, we could see a strong momentum rally toward the $220–240 levels.
⚠️ Tip for Traders:
Patience is key. Don’t chase green candles—wait for a small retracement toward support zones for safer entries. Watch closely how the price reacts around $200–202. If it holds, that could be your signal of strength.
---
🔥 If you found this analysis useful, show some love by liking, sharing, and following. The more you engage, the more such Trader’s Eye breakdowns I’ll bring to help sharpen your trading edge! 🚀📈
###ListedCompaniesAltcoinTreasury
Best of luck 🤞 🍀 🤞