Technical analysis of SOL (May 11, 2025)

As of May 11, 2025, Solana (SOL) shows a consolidation around $172.84, after surpassing the resistance at $149.

Technical indicators, such as the RSI at 65 and a positive MACD, suggest a continuation of the upward trend.

The trading volume has supported this movement, although it is essential to monitor the support at $160, as a break below this level could indicate a reversal of the current trend.

$SOL