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SOL Price Forecast :
Current price: ≈ $244–$249
Recent momentum: Price has broken above near-term resistance, but indicators suggest short-term overbought conditions.
RSI is high (around ~71.58) indicating overbought territory.
EMA Support Levels:
200-day EMA : $175.61
100-day EMA : $185.26
50-day EMA : $199.27
20-day EMA : $216.23
Resistance is just above current levels, around $248-$250. Breaking that convincingly could open more upside.
Overbought signals (RSI etc.) suggest pullback risk. Traders might see profit taking.
If price holds above ~ $235-$240: That indicates strength; short‐term EMA/SMA supports will remain intact.
If it drops below that zone: The $210-220 zone becomes important (20-day / shorter EMAs).
A break below ~$200 could test deeper supports (50-day, 100-day). Would shift short-term sentiment more bearish.
On upside: if it clears ~$250 well, could target previous highs / resistance near ~$260 or more.
SOL Fibonacci retracement levels :
0% (High) → $295.88
23.6% → $248.53
38.2% → $219.24
50% → $195.57
61.8% → $171.89
78.6% → $138.18
100% (Low) → $95.25
#SOL#
#Crypto Market Rebound#
#CryptoMarketRebound # SOL