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📈 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.

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