Technical analysis chart for SOL/USDT:

📈 Price with Support & Resistance

  • Current trading range: $166 (support) – $210 (resistance).

  • Price is consolidating near $183, close to the midline.

  • Short-term sideways, but holding above $180 is bullish.

🔎 RSI (Relative Strength Index)

  • RSI peaked above 80 (overbought) during the $209 rally.

  • Now it has cooled down to around 50, meaning neutral zone.
    👉 No extreme buying/selling pressure → sideways or small recovery possible.

📊 MACD

  • MACD was strongly bullish but is now declining toward the signal line.

  • Momentum is slowing down, but not fully bearish yet.
    👉 If MACD crosses below the signal, price may test $175–170.

✅ Summary

  • Short-term (next 3–7 days): Sideways between $175 – $195.

  • Bullish scenario: Break above $190 → target $200–210.

  • Bearish scenario: Drop below $176 → retest $166 support.

  • Indicators show neutral to mild bullish, but watch for Bitcoin’s trend (as SOL follows it).