$SOL Here is a comprehensive update on the analysis of Solana (SOL) as of May 23, 2025, based on the latest technical data and forecasts:

💰 Current Price

The current price of Solana is $182.16, with a recorded daily high of $186.64 and a low of $175.54.

📊 Short-Term Technical Analysis (May – June 2025)

General Trend: Solana is showing a bullish pattern within a price channel since April, with positive momentum supported by technical indicators such as RSI around 65, indicating ongoing buying strength.

Support Levels:

$153–143: A strong support area that has been tested multiple times, making it a potential rebound point in case of a price correction.

$161–150: An additional support area that reinforces the bullish trend if the price remains above it.

Resistance Levels:

$180–184: The current resistance area facing the price, which has been tested multiple times without a clear breakout.

$195: A key technical resistance level, and breaking it may open the way to reach higher levels.

$218–222: A long-term resistance level, representing a potential target if the bullish momentum continues.