Solana (SOL) Market Update โ May 4, 2025 ๐
Current Price: $145.33 ๐ป
24h Change: -2% ๐
Market Cap: $75.3B ๐ฐ
24h Volume: $1.57B ๐
Price Range Today:
Low: $144.66 ๐
High: $148.92 ๐
Resistance Levels:
$154 โ ๏ธ (100-day MA)
Potential target: $160 ๐
Support Levels:
Immediate: $140 ๐
Deeper support: $127 โ ๏ธ
Recent Highlights:
๐ Whale transferred $51M in SOL to Kraken โ market watch in effect
๐ "Cup & Handle" pattern suggests a long-term target of $4,500
๐จ๐ฆ Canada's first spot SOL ETF approved โ bullish sentiment rising
Sentiment:
Market sentiment is cautiously optimistic โ๏ธ with consolidation in the short term but strong upside potential due to institutional interest and bullish technicals ๐.
