As we step into May 2025, SOL/USDT shows a mix of bullish momentum and potential consolidation. Solana’s strong ecosystem growth and increasing adoption continue to drive demand, keeping SOL in the spotlight.
According to the SOL 1d technical ratings, the trading signal is Buy.
Among the oscillator indicators, 1 indicators tend to sell, 1 indicators tend to buy, and 8 indicators tends to be neutral.
Among the moving average indicators, 5 indicators tend to sell,8 indicators tend to buy, and 2 indicators tend to be neutral.
Fundamental Factors:
Network upgrades and DeFi/TVL growth could fuel bullish sentiment.
Watch for Bitcoin’s trend, as macro moves impact altcoins.
**Trade Idea:**
Consider buying dips near $180 with a target of $220–$250. Manage risk with stops below $160.