Skip to main content

🔹 Solana (SOL) Market Update – Feb 24, 2025

Solana is trading at $151.96 (-9.91%), with bearish momentum and a neutral market sentiment (Fear & Greed: 49). 

Key levels will decide the next move.

📉 Support Levels:

  • $151 – Crucial support, holding above this is key.
  • $145 – Strong psychological support.
  • $135 – Major historical support.

📈 Resistance Levels:

  • $155 – Immediate resistance; breaking above could spark recovery.
  • $162 – Strong barrier; confirmation of bullish momentum.
  • $175 – Major resistance; breaking this could signal a trend reversal.

If SOL drops below $151, it may test $145. 

A break above $155 could push it toward $175. 

Traders should watch these levels for potential opportunities.


Labels:

Comments

Post a Comment

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 
Post a Comment
Read more

Bitcoin Price Analysis: Key Support and Resistance Levels to Watch

 Bitcoin (BTC) is currently trading around $90,800 after facing a strong rejection near the $94,800 resistance zone. The recent pullback suggests increasing sell pressure as the market cools down from overbought conditions. BTC Chart (Source TradingView) From a technical perspective, momentum indicators are showing weakness. The MACD has turned negative , signaling a possible short-term bearish trend, while the RSI is moving lower , indicating that bears are gaining control. These signals suggest caution for traders in the near term. However, Bitcoin is approaching a critical support level at $90,288 , which remains a strong demand zone. If this support holds, BTC could see a rebound and make another attempt to break above the $94,800 resistance . A successful breakout above this level may open the door for further upside momentum. On the downside, if Bitcoin fails to hold the $90,288 support , selling pressure could intensify, pushing the price toward the $88,000 support zone ...
Post a Comment
Read more