Solana Cryptocurrency (SOL) is trading at the moment in a correction trend direction at the area of $ 148.35

Technical indicators suggest a neutral to bullish outlook, but short-term corrections are possible due to overbought signals and declining velocity.

Long-term growth depends on Solana’s ability to maintain network stability, expand its ecosystem, and navigate regulatory challenges.

So Solana’s price prediction is likely trying to ride the coming bullish wave till it reaches the area of $ 600.00 after exceeding the area between  $ 200.00 – $ 300.00 with good volume, which could be the other correction area.

Otherwise, as we know, each uptrend is followed by a downtrend & vice versa.

The advice is to keep yourself on the right side until you trade with a clear uptrend direction matching the daily volume.

So let’s update the support & resistance areas that we will mention below & never hesitate to place a stop loss, as breaking these areas leads to other down areas

As Shown

The Chart Below

Support & Resistance:

Support: $ 134.00 - $ 121.00 - $ 112.00

Resistance: $ 154.00 - $ 179.00 - $ 219.00

Finally, remember to trade wisely as we advise buyers & traders to follow the nearest support areas,  

Important:

The result depends on our Vision, which could be right or wrong

 We analyze the past to predict the future.