Solana (SOL) Technical Analysis
When we analyze SOL on a daily time frame, we see that it is still maintaining both its wide ascending channel and its short-term uptrend. SOL is currently trading around the mid-area of the channel, holding above the support level at $191.89 and keeping its upward move.
Key levels to follow:
- Support levels: $191.89 → $167.87 → $146.86–$140.03
- Resistance levels: $201.24 → $233.18 → $261 → $300
These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.