SOL Market Trend Analysis 20250523

The view remains the same as yesterday; we need to continue pushing up to test the pressure in the range of 185-190. If we are strong, we can continue to challenge the integer position of 200, where there will definitely be a significant downward adjustment.

Therefore, as we continue to rise, it is time to reduce positions in batches, especially for long positions that were chased in the middle of the rally; these should be reduced.

From March to November of last year, the trends clearly show several large ups and downs, with the peaks of the rises at 200-190-164, and the bottoms of the declines at 142-120.

The area between 155-160 will be a short-term support level, where a rebound can be taken. Further down, the support will be around 144 and 123, which are the neckline supports; here one can boldly enter for a medium-term layout.

Daily level resistance at 186-196-220-244, support at 158-154-142-124