📈 SOLANA (SOL) Technical Analysis - May 8, 2025
💰 Current Price: $160.00
🗓 Date: 08-05-2025
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🔵 Support Levels:
$150.00
$145.00
$140.00
🔴 Resistance Levels:
$165.00
$170.00
$180.00
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🛒 Bullish Setup (Buy):
Entry: Above $165.00
Stop Loss: $150.00
Target 1: $170.00
Target 2: $180.00
📉 Bearish Setup (Sell):
Entry: Below $150.00
Stop Loss: $165.00
Target 1: $145.00
Target 2: $140.00
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📌 Technical Summary:
SOL has bounced from the $150 support level. A breakout above $165 could push the price toward $170 and $180.
However, if SOL breaks below $150, a bearish correction to $145 or $140 is likely.
