Technical analysis by ForexClinik about Symbol SOL: Sell recommendation (2/15/2025)

Solana (SOL) Price Analysis and Forecast: Can the $125 Support Hold?Solana (SOL) recently experienced a sharp dip to the $110 zone before rebounding swiftly. From a technical analysis (TA) perspective, the $125 support level is currently a key defence zone for the asset.If SOL maintains its position above $125, we could see a continuation of bullish momentum. However, a decisive break below this level could expose the cryptocurrency to further downside, with the next major psychological support resting at $100.For long-term investors, the current price action presents potential accumulation opportunities. Maintaining a strategic approach with proper risk management will be crucial as market volatility persists.