Technical analysis by P_S_trade about Symbol SOL on 5/6/2025

Today, a press release was published that SOL Strategies (aka MicroStrategy from the world of #Solana) bought another 122,524 SOL at $149Earlier, the company said it would sell $500mn in convertible bonds, to buy #Solana, which capitalized now is at $74bnWell, if you look at the SOLUSDT chart, we can say that it would be good to keep the price above $107-115, above the trendline, which has been going on since the beginning of 2023.Once this condition is met, we can start dreaming again about the start of a super march of the #SOLUSD price to $790 in 2025._____________________Did you like our analysis? Leave a comment, like, and follow to get more