Last but not least, let’s talk about $SOL

As of May 2, 2025, Solana (SOL) is trading at approximately $151.49, experiencing a slight intraday decline of 0.57%. Here’s a comprehensive technical analysis to guide your trading decisions over the next hours:

📊 Technical Indicators

• Relative Strength Index (RSI): The RSI is above 50, indicating bullish momentum.

• MACD: The MACD is gaining pace in the bullish zone, suggesting potential for further upward movement. 

• Bollinger Bands: A squeeze in the Bollinger Bands on the 4-hour chart suggests an impending volatility spike, which could lead to a significant price movement. 

🔍 Support and Resistance Levels

• Immediate Resistance: $154 and $158. A successful close above these levels could set the pace for another steady increase, potentially targeting $165 and beyond. 

• Immediate Support: $150, followed by $147 and $145. A break below these levels might send the price toward the $140 support zone. 

📈 Trading Strategy Recommendations

• Short-Term Outlook (Next 5 Hourss): Given the current technical indicators and market sentiment, SOL may attempt to break above the $154 resistance level. A successful breakout could lead to testing higher resistance levels at $158 and $165. 

• Risk Management: Consider setting stop-loss orders near the immediate support levels ($150 or $147) to mitigate potential losses in case of a price reversal.

Remember to always DYOR and manage your risk.