Technical analysis of Solana (SOL) – May 11, 2025🚀
Solana (SOL) continues its upward trend, trading around $172.84 as of May 11, 2025.
The price has recently surpassed a key resistance at $149, indicating a potential push towards higher levels.
The RSI is at 65, suggesting positive momentum with no immediate overbought signals.
The MACD has crossed above its signal line, reinforcing the bullish outlook.
If trading volume continues to increase, it is likely that SOL will reach $180 in the short term.
However, a drop below $160 could invalidate this scenario.