šš„ $SOL 1-Week Forecast & 2-Day Trade Plan (Apr 30 ā May 7, 2025) š„š
Current Price: $140.67
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1-Week Forecast (Apr 30āMay 7)
⢠š”ļø Support: $145 ā buyers have defended this zone twice in the last 24 hours.
⢠š§ Resistance: $155 ā profit-taking likely here after recent network upgrade buzz.
⢠āļø Base Case: Expect range-bound action between $145ā$155 as traders digest Solanaās new āTurbo Transactionsā patch.
⢠š Bull Case: A decisive break above $155 on strong volume could spark a rally toward $170 (+16%), fueled by renewed developer activity and NFT drops.
⢠š Bear Case: If SOL closes below $145, look for a retest of $135 (ā8%), as short-term holders lock in gains.
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2-Day Trade Plan (Apr 30āMay 1)
⢠š Spot: Accumulate dips at $146ā$148; set a tight stop-loss at $144 to protect capital.
⢠ā”ļø Margin (3Ć): Enter longs once price sustains above $150; place stop-loss at $148 to guard against false breakouts.
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š” Pro Tips:
Monitor on-chain transaction speeds (TPS)āspikes often lead price moves in Solana.
Watch trading volume: high volume on breakouts confirms strength.
Scale into positions: start small and add on validation to reduce risk.