[SOL - Solana Technical Analysis]
Date: 22 April 2025
Current Price: 141.62 USD
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Support Levels:
Support 1: 135 USD
Support 2: 128 USD
Support 3: 114 USD
Resistance Levels:
Resistance 1: 145 USD
Resistance 2: 150 USD
Resistance 3: 162 USD
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Bullish Scenario (Buy):
Entry: If price closes above 145 USD
Stop Loss: 135 USD
Target 1: 150 USD
Target 2: 162 USD
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Bearish Scenario (Sell):
Entry: If price closes below 135 USD
Stop Loss: 145 USD
Target 1: 128 USD
Target 2: 114 USD
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Technical Analysis:
Solana has shown a strong bullish rally since the beginning of April and is now approaching a key resistance zone.
If it breaks and sustains above 145 USD, we could see a continuation toward 150 and 162 USD.
However, a close below 135 USD may trigger a correction down to the 128 or even 114 USD levels.$SOL