🚨 SOL/USDT Technical Analysis – May 16, 2025 🚨
1- SOL is trading around $172.63 after a recent pullback from the $188 high.
2- Key Levels:
🔹 Support: $150, then $140 (50EMA)
🔹 Resistance: $177.66, then $184, $200
3- Indicators:
📈 RSI neutral – room to move 📉
MACD shows bullish momentum 🟢 50EMA holding strong
4- Price broke out of bullish pennant but faces pressure after 1.4M SOL un-staked.
5- Trade Setup:
👉 Long if breakout above $177.66
👉 Safer entry near $150 support
👉 Stop loss below $140
👉 Target: $200
6- ETF decision delays & whale moves = added volatility ⚠️
7- As always: DYOR & use tight risk controls! 🛡️
