SOL/USDT Technical 4HSOL / TetherUSBINANCE:SOLUSDTmilad-bit24SOL is currently in a bullish trend, supported by a black ascending trendline that connects recent higher lows. The price has broken above a key resistance level at $253.17, signaling potential continuation of upward momentum. The EMA 20 (Exponential Moving Average) is trending upward and closely hugging the price, confirming short-term bullish strength. Bullish Case: If SOL holds above $253.17, it could target higher levels such as $260 and beyond. Continued support from the ascending trendline and EMA 20 suggests buyers are in control. A retest of $253.17 followed by a bounce would confirm the breakout. Bearish Risks: If price fails to hold above $253.17 and drops below $239.14, a correction toward $235.33 is likely. A breakdown below the ascending trendline would weaken the bullish structure and shift momentum.