SOL – Analysis and Future Strategy 18/05/2025

68705805562 39580421267 69966713930

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Current price: 165.60 USD (Futures)

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Technical analysis (H1–H4 timeframe):

• Support: 160 USD

• Resistance: 170 USD

• RSI H1: 54 – slight bullish neutral state

• MACD H1: Giving slight buy signal

• Funding rate: 0.0035% – market leaning towards Long

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Proposed trading strategy:

→ Long 58363298621 at 162 USD

• SL: 157 USD

• TP: 170 USD

→ Short 58363298621 at 170 USD

• SL: 172 USD

• TP: 162 USD

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