#solana (SOL) Price Analysis for March 9, 2025
Current Price: $136.6
Key Resistance: $140, $155
Key Support: $127
Bullish Scenario
Entry: Above $140, targeting $155 and $180.
Exit: Near resistance levels or if momentum weakens.
Indicators such as RSI and MACD suggest potential for a rebound if SOL breaks above critical resistance levels15.
Bearish Scenario
Entry: Below $130, targeting $127 and $120.
Exit: Near support levels or signs of reversal.
Weak on-chain activity and reduced demand could push prices lower57.
Strategy
Monitor the $140 level closely. A breakout could signal bullish momentum, while failure might lead to further declines.#solana
