🚨 Solana (SOL) Technical Snapshot – May 18, 2025 🚨
SOL is showing strength, currently trading around $171.32, up 1.9% in the last 24h.
🧠 Here's the quick breakdown 👇
📌 Key Levels
Resistance: $175 → key breakout level
Support: $150 → strong base, next at $140
📊 Indicators
RSI: Hovering above 70 = strong bullish momentum
MACD: Positive crossover = upward pressure
MA: Price trading above 9-day SMA = bullish sentiment
📈 Trade Setup (Short-Term Idea)
Long Entry: Above $175 breakout confirmation
TP: $190 – $200
SL: Below $150 to manage downside risk
🧩 If $150 fails to hold, eyes on $140 for next long reload zone.
📅 FOMC or macro triggers may add volatility — stay alert.