Solana (SOL) Analysis – 03Feb2025

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Here is the weekly chart of Solana (SOL) token: SOL/USDT

https://s3.tradingview.com/snapshots/x/xHmslx1V.png

Solana (SOL) has been facing weakness for last three weeks (but it has been stronger than other crypto), and it made a low of $178 today, and bounced back from there, indicating good support at that level. It is currently at $195, which is a good price for buying, with possible targets of $250 in the next few weeks, and for longer term target of $365.

Disclaimer: This post is based on our technical analysis and it’s not financial advice. Thanks.

Crypto Market AnalysisCrypto Market OpportunitiesSOLSolana

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