SOL Market Trend Analysis 20250521

The hourly trend is also moving in sync with Bitcoin, but it is relatively weaker, which is normal. The big brother is preparing to charge, and the little brother definitely cannot steal the spotlight; he should follow behind the big brother, waving the flag and cheering for a while. After the big brother takes off, he can just keep up with his steps.

On the daily chart, the AM120 line and MA20 line intersect, while the MA120 line is still in a downtrend. If this trend is to change, it will take a longer time, at least two to three weeks. However, the MA30 line is still in an uptrend, and the price is getting closer to the daily MA30 line.

It is important to note that after Bitcoin rises, it may fall back and bring down SOL's price as well. The short-term decline will not be too large, with the support level at 155-160 being the short-term support position, where a rebound can be taken. Further down, the support will be near the neckline at 144 and 123.

The important resistance level for a recent surge will be at 185-190; it is not possible to surge straight up. When it reaches here, it will still need to drop and adjust.

Daily level resistance at 177-186-196-220-244, support levels at 158-154-142-124.