1- Solana (SOL) Update – May 18, 2025
SOL is trading around $165, showing strong weekly momentum. Is a breakout coming? Let’s dig into the current TA and price outlook:
2- Key Levels:
Resistance: $164–$170
Support: $153 (20-day EMA), then $145
RSI: 58.5 (bullish but not overbought)
A daily close above $170 could ignite a rally to $175–$189.
3- Market Sentiment:
SOL has surged 18% this week
— testing the 50-week EMA.
Momentum is building. Bulls are pushing for a breakout, but resistance is still holding.
4- Bullish Case:
If SOL breaks and holds above $170 next targets:
- $175
- $189
- $200 (psychological barrier)
Strong volume could accelerate the move.
5- Bearish Case:
If price gets rejected near $170:
- Watch $153 and $145 as support.
- A deeper dip could revisit $115 lows.
Always set stop-loss and manage risk.
6- Long-Term View:
Analysts project SOL to hit $200–$328 in 2025 if adoption + market sentiment continue improving.
Momentum is here — but confirmation needed above $170.
Conclusion:
- SOL at $165
- Resistance: $170
- Breakout = bullish continuation
- Watch for volume and daily close signals
Stay sharp, manage risk.
Are you buying the SOL breakout or waiting on confirmation?
