Solana (SOL) Analysis – Dated May 14, 2025

Current Price: Ranges between $177 and $184, which is the highest level since February 2025, reflecting strong upward momentum.

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Technical Analysis:

Current Resistance: Between $180 and $183 – the price may struggle to surpass this level.

Strong Support: At $170.5 – the price has recently bounced off this level.

Technical Indicators:

RSI at 60: Indicates moderate upward momentum.

MACD: Bullish crossover signal, supporting the positive trend.

Bollinger Bands: Expansion in the range, indicating a strong upcoming movement.$SOL