Current Price and Technical Indicators

Analysis for Solana $SOL

Current Price: Approximately $160.12, up 4.28% in the last 24 hours.

Daily High: $162.35.

Daily Low: $151.89.

📈 Short and Medium-Term Forecasts

Short-Term Targets: If the price stabilizes above $160 and closes with a strong daily candle above $162, it may target levels of $166.6 and $170.

Medium-Term Targets: If the price exceeds $168, it may test resistance at $179–180, near the 200-day moving average.

⚠️ Support Levels and Risks

Strong Support: Area of $156–158.

Critical Support: $150; breaking this level could lead to a drop towards $144.

🔮 Long-Term Forecasts

Optimistic Forecast: If the bullish momentum continues, SOL could reach $240, with future targets up to $400 by the end of 2025, according to some analyses.

Conservative Forecast: Some forecasts suggest an average price of $147 for June, with a trading range between $126 and $168.

✅ Recommendation

Support: $150.

Resistance: $168.

If the price exceeds $168 with high trading volume, it could be a signal to enter a buy position. However, if support at $150 is broken, it may be wise to reduce positions or pause temporarily. $SOL