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Good morning everyone;
SOL/USDT Analysis: Support & Resistance
•Support: $166–166.5 (critical support zone)
•Resistance: $175, then the $181–182 area
•The possibility of a "Golden Crossover" with the 100-EMA / 200-EMA on the daily chart may be a strong momentum indicator.
These levels are clearly marked on the chart. #SOL # Solana #crypto
•Support Areas:
The $161–166 range below $166 stands out as a critical support zone for Solana's ongoing rise.
•Additionally, previous technical analyses also identify levels such as $164.44 and $162.01 as support.
•Resistance Levels:
•$175.30 first resistance, followed by $177.73 – $181.95 stronger areas.
•The $176.33 level is also attracting attention as a psychological threshold among the daily resistance zones.
•Technical Momentum:
•The daily chart showing the 100-EMA crossing above the 200-EMA, known as the "Golden Crossover", is interpreted as a potential bullish signal.