The price of $SOL (Solana) has seen a significant increase recently, which can often be followed by a correction. If you have already accumulated considerable profits, partial selling may be a prudent strategy to protect the gains.
Technical Indicators:
The RSI is at a high level (85), suggesting that the asset may be overbought. This increases the risk of a possible correction in the short term.
The MACD remains positive, with the DIF well above the DEA, indicating a strong uptrend. However, there are signs that this strength may begin to weaken.
Despite this, Solana remains one of the fastest and most efficient networks in the blockchain market, which reinforces my bullish view on its long-term potential.
Price Projections:
Optimistic scenario: Solana could reach levels between 300-400 USDT if the uptrend continues.
Neutral scenario: Price consolidation between 230-270 USDT, with the market seeking balance.
Pessimistic scenario: Correction to ranges between 170-200 USDT, in case of profit taking or unfavorable macroeconomic factors.
