Technical Analysis for Currency $SOL – May 30, 2025
✅ Current Price: $172.19
🔹 Support: $165 – $155
🔸 Resistance: $180 – $190
📈 General Trend: Bullish in the short term
📍 SOL is moving in an ascending channel, and a breakout above $180 could push the price to target $200 then $218.
📉 Conversely, a break below $165 may open the path towards $155 then $138.
🧠 RSI: 65 (Positive momentum without overbought conditions)
💰 Institutional Liquidity: Inflow of $4.7M from the SOL Strategies fund supports optimism.
🔔 Monitor the $180–$190 area closely
Staying above it = Strong Buy Signal
Rejection from it = Possibility of Correction
📢 Note: This is not a financial recommendation, but an educational technical analysis. Please conduct your own research.
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