$SOL

Below is the technical analysis of the SOL/USDC pair as of May 6, 2025:

⸻

📊 Current price

• SOL: $145.96

• USDC: $0.058938

⸻

📈 Technical analysis

• Resistance: $147.55

• Support: $142.81

SOL is trading within the range of $142.81 to $147.55. Breaking through this resistance or support level may determine the next price trend.

⸻

🔍 Short-term outlook

Currently, SOL is fluctuating near the resistance level of $147.55. If it surpasses this level with increased trading volume, the price may continue to rise. Conversely, if it fails to hold the support level of $142.81, the price may drop to the next support level.

⸻

⚠️ Factors to watch

• Market sentiment: Volatility in the cryptocurrency market may affect the price of SOL.

• Macroeconomic news: Global economic events may impact the cryptocurrency market in general and SOL in particular.

⸻