🎯
$SOL /USDT: Is $220 Achievable?
The target of $220 requires a ~60% increase from the current price. While ambitious, it is considered a key resistance zone that could open the door to all-time highs.
1. Short-Term Technical Analysis (From Your Chart)
Your chart shows the recent price action for SOL/USDT as of November 24, 2025:
Current Price: $137.39
Daily Momentum: The price is showing a very strong daily gain of +4.24%, indicating high demand.
$SOL Uptrend Confirmation: The chart clearly shows Solana in a strong, steady uptrend starting from a low of $131.59.
Immediate Resistance: The price is currently testing the $138.00 level. A decisive break above this short-term high is necessary to continue the momentum toward the next psychological targets (like $140 and $150).
Conclusion: In the immediate short term, momentum is bullish, and the price is making higher lows and higher highs, which is a positive sign for attempting a further upward move.
2. Long-Term Technical & Psychological Targets
Key Resistance Zone ($170 - $190): Analysts often cite this range as the first major hurdle for SOL, as it was a significant support area during a previous high. Breaking this area would instill strong confidence.
The $220 Target: Some historical analysis indicates that $220 - $225 is the next major resistance zone after the $170-$190 hurdle. A strong breakout and consolidation above this area, particularly on high volume, would pave the way for a challenge of the previous all-time high (which was around $260 in late 2021).
Expert Outlook: Some technical experts suggest a rally toward $279
$SOL in the first quarter of 2026, implying that the $220 target would be surpassed on the way up.
#BinanceAlphaAlert #US-EUTradeAgreement #WriteToEarnUpgrade #IPOWave #ProjectCrypto