Technical analysis by Trade_Hive_Signals about Symbol SOL: Buy recommendation (8/24/2025)

Trade_Hive_Signals

1. Current dynamics Solana is trading around $207–208, showing steady growth. During the last day, the price has added about 0.5–0.7%, with a weekly gain of about +8%. 2. General technical picture On timeframes from 1 hour to a month, SOL receives a general “Strong Buy” signal; the pace slows down only on the minute chart. Indicators confirm: RSI — ~62 (Buy), MACD — Buy, ADX shows a strengthening trend — also Buy. 3. Fundamental levels and scenarios according to TipRanks The price is above MA100 and MA200, which forms a stable bullish base. However, the price is below EMA20, the signal is Sell, while EMA50 supports Buy. Pivot points (pivot) approximately: Support: $177-182 Resistance: $187-200 4. Short-term driver SOL is trading around $204, forming a triple top at $210. Breaking this resistance can lead to +10% growth, with targets at $218-$228, and then to $250. Current indicators: RSI - ~67 (bullish), MACD - confirms bullish momentum. 5. Trading activity review SOL is trading with a volume of about $7.2-7.7 billion. Market capitalization is about $112 billion.