Solana Price Analysis: What’s Unfolding in the Charts Today
The solana price analysis for today shows SOL hovering around $150, navigating a critical technical juncture. Support is solid, whale activity is picking up, and a breakout above resistance could pave the way to fresh highs. Here are 4 pivotal clues to know:
4 Critical Solana Price Analysis Signs
- Firm Support Holding at ~$147–150
SOL rebounded from a double bottom near $147–151—signaling that buyers are defending this crucial zone. - Ascending Triangle & $164 Resistance Break in Sight
Price formed an ascending triangle, slowly creeping toward resistance around $164. A decisive breakout could trigger a rally. - Whale Transfers Point to Strategic Accumulation
On‑chain data shows two whales moving ≈1.35M SOL ($220M+) off Coinbase to stake wallets—hinting at long‑term holding, not selling. - Mixed Technical Indicators—Momentum Rising
RSI climbed out of neutral, but price remains below the Ichimoku Cloud. MACD and Parabolic SAR lean bullish—yet confirmation needs a close above resistance.
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