Solana (SOL) at a Crossroads!
✍️ Complete Analysis of SOL (Date: April 29, 2025): $SOL
✅ Solana is correcting healthily after a strong rise from levels of $116$ to $157.
✅ The price is currently trading above an important support level at $145, maintaining a medium-term upward trend.
✅ A break below $145$ could push the price towards $138$ and then $133, while holding above it enhances the chance of a return to $152$ and $157.
✅ Daily technical indicators still support the upward trend, but the 4-hour timeframe indicates some caution due to a decrease in momentum.
📊 Support $145$ | Resistance $152$ then $157.
🧠 Technical Forecast:
Holding above $145$ provides a good opportunity to rally again towards $152$ and then $157.
However, losing $145$ with a clear close could open the way for a deeper correction to $138.
⚡ Note: Trading with Solana at this stage requires close monitoring of price movements with the use of a flexible stop loss below $144.