Technical analysis by cryptodailyuk about Symbol SOL on 8/24/2025

1. Main trend • You can see a strong upward trend from holes around 120 USDT. • The course currently moves along the growing trend line (orange). • The last candles show that the buyers are defending support and each hole is higher → a sign of market strength. ⸻ 2. Support and resistance (key levels from the chart) • Support: • 186.56 USDT - the first strong support (coincides with the trend line). • 166.42 USDT - another stronger support. • 139.00 USDT - main strategic support. • resistance: • 219.02 USDT - the closest resistance (currently tested). • 253.15 USDT - strong resistance if 219 is broken. • 296.24 USDT - another target in the event of a bull market. ⸻ 3. Indicators • MacD - upward signal, lines are above the zero line, green histogram → momentum is growing. • STOCHASTIC RSI - high, close to the purchase zone → a short correction may occur. • RSI (classic) - ~ 60 points, i.e. not yet purchased, but the space for increases is reduced. ⸻ 4. Scenarios • Bycza (more likely at the moment): If the SOL stays above 186 USDT and pierces USDT USDT, subsequent goals are 253 → 296 USDT. • Bear (alternative): If the price drops below 186 USDT and breaks the trend line, possible return to 166 and even 139 USDT. ⸻ 🔑 Summary • The trend is upward and still strong. • Key breakdown is 219 USDT. • Trend holding (above 186 USDT) = potential for further increases. • Breaking the trend line = correction warning.