📊 Solana (SOL) in consolidation: Preparing for a new bullish push? 🚀

As of May 21, 2025, Solana (SOL) is trading around $170.85 USD, showing a slight intraday recovery.

🔍 Key factors to consider:

• Technical consolidation: SOL has shown consolidation around $170, after a strong bullish push. This technical pause could be preparation for a new movement.

• Increase in trading volume: A notable increase in trading volume has been observed, reflecting renewed interest from investors.

• Long-term bullish trend: Technical indicators suggest that the underlying momentum remains bullish, with a clear recovery after the correction.

📈 Short-term prediction:

If SOL manages to stay above $170 USD, we could see a movement towards $175 – $183 USD in the coming weeks. However, a drop below $160 USD could bring the price down to support at $153.99 USD.

💬 What do you think? Are we facing a consolidation before a new bullish rally or is a deeper correction on the horizon?

#Solana #SOL #CryptoAnalysis #PricePrediction #CryptoTrading