$SOL $SOL

SOL/USDT Analysis for April 18, 2025

According to TradingView data, the current trading price of SOL/USDT is approximately $134.55, having risen by 5.48% in the past 24 hours. The price is in a recovery phase after a pullback from $137. In terms of technical indicators: RSI is 53.90, showing a neutral signal; MACD is -3.01, indicating slight bearishness; the stochastic indicator is at 92.14, in the overbought region. Key support is at $120, and resistance is in the $133–$135 range. If it breaks above $135, it may rise further to $145; if it falls below $120, selling pressure will increase.

📈 Trading Strategy Suggestions:

Buying Strategy: Buy when it breaks above $135, target $145, with a stop loss set at $129.

Selling Strategy: If it pulls back to $120, consider shorting, with a target of $112 and a stop loss set at $126.

From a fundamental perspective, Solana benefits from ETF popularity and strong support from its high-throughput network. However, the market remains quite volatile, so please pay attention to relevant news and BTC trends. DYOR!