HomePrice PredictionsSOL AnalysisSolana Ignites Rally: Can Bulls Conquer $150 and Beyond?

Solana Ignites Rally: Can Bulls Conquer $150 and Beyond?

Date:

Solana Technical Analysis: 25 MAR 2025

SOL Technical Analysis

Solana is starting to show a promising price structure. Source: TradingView

General View

Solana has shown notable resilience after bouncing from a critical weekly support zone. The price is climbing steadily, recovering lost ground from previous declines. Bulls have reclaimed a key level. Currently, they are attempting to turn it into a support, and if they succeed, the momentum is likely to further improve as the next set of resistances are above the $150 level.

On The Upside

SOL is currently testing the turning support near $142, which previously acted as resistance. A successful hold above this level would open the door for further upside, with intra-day resistances at $150 and $158 being the next key hurdles. A break above these levels could accelerate bullish momentum toward the major resistance zone around $180, where significant resistance is being expected.

On The Downside

Solana is turning a lot of levels into supports ranging between 140 to 136 levels. If bulls succeed in turning this zone into a strong support, it will be very beneficial for the bulls. On the contrary, if bulls fail to defend these levels, a deeper pullback will once again be seen.

SOL Technical Analysis

Weekly support levels held well despite a deeper test. Source: TradingView

Usman Ali
Usman Ali
A writer and market analyst with expertise in cryptocurrencies. He focuses on delivering clear, insightful, and well-structured content, emphasizing advanced trading strategies and in-depth market analysis. His writing style prioritizes clarity and professionalism, ensuring that complex market trends are easy to understand. He is keen on keeping his work organized, direct, and valuable for his audience.

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