Quick Technical Analysis – Solana (SOL)🚀
💵 Current Price: 167$SOL
🧠 Technical Outlook:
Solana is still in an upward trend in the medium and long term.
The price is currently fluctuating between support at $160 and resistance at $175.
RSI is moderate (around 50–55), indicating a balance in buying and selling power.
The 50-day moving average is currently forming a dynamic support.
🔼 Nearby Resistance Levels:
$175 → Psychological and technical resistance.
$186 → Previous peak, if broken, will open the way towards $200.
🔽 Important Support Levels:
$160 → Strong horizontal support.
$148 → If the first support is broken, this is the critical level.
$135 → Long-term support, breaking it changes the overall trend.
📊 Expected Scenario:
As long as Solana remains above $160, it is likely to test $175 then $186.
Breaking $160 with high trading volume = Warning signal for temporary exit or re-evaluation of the trade.
📌 Suggested Strategy:
Gradual entry (DCA) around $160–167.
Set a stop loss below $148.
Partial profit taking at $175–186.
📉 The market is currently volatile, but Solana shows relative strength compared to other coins.
Do you see it touching $200 soon? 💬 Share your opinion in the comments below👇
