SOL/USDT, daily chart — potential consolidation above 200 USDT
On the daily chart, SOL shows a sustained uptrend after a correction towards the 186 USDT area. The current price of 201 USDT has consolidated above the key moving averages EMA(7) = 195.8 and EMA(25) = 187.6, highlighting strong short- and mid-term bullish pressure. EMA(99) at 172 USDT acts as global support, confirming buyers’ dominance in the market.
MACD indicates positive momentum with DIF (5.81) above DEA (5.09), while the histogram remains green, signaling trend continuation. RSI levels between 56–58 reflect a balanced state: the asset is not overbought, leaving room for further upside.
Trading volume has increased, strengthening the likelihood of a breakout of the resistance zone at 213–219 USDT, which has already been tested. A confirmed move above 220 USDT would open the path to new local highs. On the downside, supports are located at 195 and 187 USDT, aligned with EMA(7) and EMA(25). A deeper correction could be limited by 172 USDT (EMA(99)).
From an ICT perspective, the 186–190 USDT range previously closed a Fair Value Gap, triggering the latest impulse. In addition, a bullish Order Block around 187–195 USDT provides strong support if retested.
Conclusion: the most likely scenario is continued growth if SOL consolidates above 200 USDT, with targets at 213 and 220. Failure to break higher could lead to consolidation between 187–200.