Current Price and Trend:
- Trading Volume (VPVR and Volume):
- Significant trading volume is visible around the $175-$185 zone, which could act as a support level.
- Low-volume areas above the current price ($200-$220) suggest that price might move quickly through these levels if resistance is broken.
- Indicators:
- RSI (Relative Strength Index): currently at 61.93, indicating a moderately bullish momentum without overbought conditions.
- MACD: The histogram is positive, and the MACD lines crossed upward, confirming a signal for continued growth.
- Key Support and Resistance Levels:
- Resistance: $200 and $220.
- Support: $185 and $175.
- The SOL/USDT price is around $196. There are signs of a local upward movement after a recent drop.
- The chart indicates an attempt at recovery after hitting local lows.
Forecast for the Next Month:
- Bullish Scenario: If the price holds above $190 and breaks the $200 level, it could rise toward the $215-$220 zone. With strong bullish momentum, it might even target levels above $230.
- Bearish Scenario: If the price falls below $190, it could retest the $175-$180 levels.
Likely Scenario:
Based on the current data and positive indicator signals, a continued upward movement is expected. However, breaking the $200 resistance will be critical.
