Currently, the $SOL currency is being traded on the spot market at the level 121.95 - 121.96, after recording an upward move and testing the immediate peak at 122.11. The chart shows a buying surge, with the price holding above the main moving averages MA7 (121.05) and MA25 (119.71) on the 4-hour timeframe, along with a breakout above the middle Bollinger Band on the 15-minute timeframe.
📊 Movement Assessment and Possibilities:
📉 Correction probability: 40% (a retest of nearby support levels at 121.00 - 121.40 before continuing the trend).
📈 Upside probability: 60% (continuation of the bullish trend and surpassing the current peak with support remaining stable).
📊 Movement Assessment and Possibilities:
📉 Correction probability: 40% (a retest of nearby support levels at 121.00 - 121.40 before continuing the trend).
📈 Upside probability: 60% (continuation of the bullish trend and surpassing the current peak with support remaining stable).