Global markets are sailing in uncertain waters while trade tensions between major economies are intensifying, creating training effects on traditional markets and cryptocurrencies.
In this context, Solana has become an interpreter out of competition, increasing by more than 5% in a 24 -hour volatile period and establishing a new support higher at the crucial level of $ 180 for the first time since February, according to the Technical Analysis Model of Coindesk Research.
Strengths of technical analysis
- Sol has formed a clear bullish trend with a strong volume medium at the level of $ 173, followed by an explosive escape at 7:00 p.m. when it jumped 5.8% over a volume of 2.5 m – more than double the average 24 hours.
- Despite a decline in the summit of $ 184.72, Sol maintained support over $ 180, suggesting a continuous upward dynamic with resistance now established at $ 184.
- During the last hour, Sol has had significant volatility, climbing a peak of $ 182.47 before undergoing high sales pressure which lowered prices to $ 180.21, which represents a drop of 1.24%.
- The price action has formed a clear distribution model with volume tips exceeding 79,000 units during net correction, establishing a new resistance zone of around $ 182.00 to $ 182.50.
- After finding a support close to $ 180.37, Sol attempted a recovery around $ 181.50, but faced a renewed sale, suggesting consolidation between $ 180.80 and $ 181.40 while traders reassess the sustainability of the wider trend.
Warning: This article was generated with AI tools and examined by our editorial team to guarantee accuracy and membership of our standards. For more information, see the complete Coindesk AI policy. This article may include information from external sources, which is listed below if necessary.
External references
- “Solana (soil) Prix prediction for May 14”, Coin Edition, published on May 13, 2025.
- “Solana reaches 22.39b weekly DEX volume, $ 9.44 billion TVL, Sol Prix at $ 172.88”, The Deviant, published on May 13, 2205.
- “The activity of the Solana network increases while 11m portfolios now contain 0.1 or more soil – analyst”, Newsbtc, published on May 14, 2025.
