Solana-Sol once again held the spotlight after its price increased below the main resistance barrier around $ 150 and stabilized at $ 139.91, after a wave of correction that lasted months, bulls found (height speculators). Now, they strive to pay the price to keep the top of its upward path and prepare it for a good start with the approach of May.
Here, the question appears: what is the main catalyst for this? The answer can be summarized in the condemnation of the promising prospects of Solana; The proof of this The Galaxy Digital accelerated 606,000 soil With a value of $ 83 million in just 4 days, and its initiative also to hypotherate 462,000 currencies, in a clear indication of the confidence of long -term institutions with the capacity of the Solana Bluecine system to continue to extend and mature its technical system, which is considered a vote on the confidence in the ability of Solana Bluemana to expand continuously and pursue the prosperity of its technical system.
Galaxy Digital buys $ Soil And the sale $ ETh? !!
600,000 $ Soil ($ 78 million) with Binance
$ 98 million $ ETh Return$ Soil Is on the point of the moon! pic.twitter.com/70atpuezlw– Enzo (@enzoonchain) April 19, 2025
Recent movements do not suggest temporary popularity, but rather a fundamental change in general mood which can open sustainable start. As May approaches, traders continue to closely monitor soil price movements to expect to penetrate $ 150 and continue to increase after that.
- Galaxy Digital bought 606,000 soil currencies worth $ 83 million.
- Institutional investment obtains the launch of the additional momentum.
- The initiative to hypotherate 462,000 floor pieces suggest a long -term commitment.
The indications of technical indicators with the approval price of Solana from the barrier of $ 150
The Solana price movements are currently targeting the critical resistance area from $ 145 to $ 150, which has long formed a basic support zone before the correction wave last February last February, its penetration could open the way to the inversion of the price track for several weeks, and can open the door again to test the main resistance zone which it reached last in January in the beach of 180 to 200 $.
In addition, the formation of price movements is a green swimming negotiation candle with the end of a previous negotiation session at $ 136 (due to its closure of the highest level of its red predecessor) in an indication of a strong violation of the increase, and the hypothesis of the pursuit of height supports the reflection of the average average trajectory of 50 days (EMA-50), which is currently stable at a level of 12 $. Temporary sales pressure.
On the other hand, the indications of the indicators of Momentum were supported by the possibility of continuing to increase, while the MacD index turned into positivity while its movements continued to move away from the signal line, while reading the RSI index (RSI) currently indicates 55.71, which offers the place to continue the climb far from the survival area.
- roadblock Resistance: $ 145.46, followed by $ 152.96.
- The nearest support: an indicator level EMA-50 at $ 129.80.
- Read an indicator RSI:: 55.71 In an indication of the acquisition of a slight ascending impulse.
The movements of soil / USD pairs constitute a missionary artistic model as long as it remains the highest level of $ 136
For merchants, it is likely that the penetration of the level of $ 136 to the highest technical significance, and a temporary correction can be provided by a solid rebound thereof for a favorable opportunity, especially since its expected destination remains ascending as long as the price is maintained at the top of its growing route and the level of the EMA-50 index.
Suggested trading strategy:
- Entrance point: re -Ste the level of $ 136 and the success of the price by reversing it.
- Targeted: $ 145.46 at the foreseeable duration, with $ 152.96 in contact with.
- Stopping losses: below 129.80 to protect yourself from the possibility of continuing to decrease.
While institutional investments continue and increase the momentum, it could become Solana’s month to penetrate the barrier of $ 150, provided that the Bulls manage to prevent it from slipping without its increasing line.
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The Solana Prize post targets a barrier of $ 150 in the middle of the defense of the bull on its main level of support. Can a solid launch or await another setback? APPLERDIRST on Arab Cryptonews.