$SOL
Solana (SOL) is currently trading at around $156, with a 0.5% increase.
*Key Levels:*
- *Support Levels:* $142.12 (critical support), $145 (immediate support), and $110 (major support level)
- *Resistance Levels:* $152.83 (immediate resistance), $156-$158 (current trading range), $177-$180 (strong resistance zone), and $188 (next resistance level)
*Trading Strategy:*
- *Entry:* Consider entering a long position around $147.50-$148, targeting $150-$152
- *Stop Loss:* Set at $145 to limit potential losses
- *Take Profit:* Target $150.50 (short-term) or $188 (long-term)
*Market Outlook:*
Solana's price is consolidating near $150, awaiting a decisive move. A break above $152.83 could target $188, while a breakdown below $142.12 may trigger a drop toward $105.15. Monitor macroeconomic factors like Fed policy announcements and economic data for potential market impact ¹ ².