Solana (SOL) begins May 2025 trading near the $150 mark, having staged an impressive recovery from April’s lows around $115. The asset is now approaching a critical resistance zone between $153 and $155, defined by a descending trendline that has capped upward momentum since February. This setup places Solana at a technical inflection point, with either a breakout or rejection likely to dictate its direction in the weeks ahead.
Weekly Chart: Midpoint Congestion Signals Potential Breakout
Solana’s weekly price action reveals a climb back toward the 0.5 Fibonacci retracement level at $145.19, measured from the cycle low of $17.40 to the all-time high of $272.99. This region between $145 and $150 has historically functioned as a congestion zone, often serving as a launchpad or stalling point.
If SOL sustains a close above this band, it opens up a move toward the 0.382 Fibonacci level at $175.35, followed by the 0.236 level at $212.67. However, failure to hold above $145 could expose the asset to downside risk, with the 0.618 level at $115 re-emerging as the next support, consistent with April’s low.
Daily Chart: Trendline Pressure Caps Immediate Upside
On the daily timeframe, SOL is visibly encountering resistance from a descending trendline that originated from February’s highs. The $153–$155 zone is particularly significant, acting as both horizontal resistance and the trendline test.
A confirmed breakout above $155 would invalidate the bearish trend structure and potentially accelerate momentum toward the $175 region. Until that happens, short-term support levels remain at $138, $126, and the major base at $115. Notably, the chart is beginning to show a shift from lower highs to higher lows, suggesting a possible bullish structure in formation.
4-hour Chart: Pennant Formation Hints at Volatility Breakout
Solana’s 4-hour chart depicts a narrowing consolidation range between $145 and $155, forming a potential bullish pennant or wedge pattern. While early breakout attempts are visible, confirmation will require a sustained close above $155 with accompanying volume.
Short-term support lies at $140–$144, with the breakout base at $138 offering further cushioning if rejection occurs. The trendline and consolidation structure point toward growing pressure, likely to resolve with a decisive move.
EMA and RSI Analysis: Near-Term Strength Building
All major EMAs (20, 50, 100, 200) are currently positioned beneath the price on the 4-hour chart, with the 20 EMA at $149.27 and the 50 EMA at $146.26 converging just below market price, creating dynamic support. The 200 EMA at $139.96 marks the last major support before breakdown territory.
RSI sits at 53.37, reflecting a neutral-to-bullish stance. A breakout above 60 would provide a strong bullish confirmation, aligning with a potential price surge.
Bollinger Bands and MACD: Volatility Tightening, Breakout Brewing
Bollinger Bands on the 4-hour timeframe are in a squeeze phase, signaling that volatility is compressing and a breakout may be imminent. Price is hovering near the upper band at $153.05, further supporting the case for upward pressure.
Meanwhile, MACD remains in mildly bullish territory, with the MACD and signal lines trending toward a crossover. The histogram is slowly tilting into positive territory, and a volume surge could act as the catalyst to propel SOL higher.
Solana (SOL) Price Forecast Table – May 2025
| Price Scenario | Min Price | Avg Price | Max Price |
| Bullish breakout | $150 | $165 | $190 |
| Bearish breakdown | $115 | $130 | $145 |
| Range-bound trend | $140 | $150 | $155 |
Solana (SOL) Price Prediction: Outlook for May 2025
Solana’s technical setup heading into May 2025 is defined by the battle at $155 resistance. A successful breakout—supported by volume, RSI strength, and MACD crossover—could lead to a rally toward $175 and even extend to $190. Conversely, a rejection from this resistance could result in a pullback toward $138 or $126.
In the absence of a decisive breakout or breakdown, SOL is likely to remain range-bound between $140 and $155, with price coiling for its next move. Traders should closely monitor the descending trendline and short-term indicators for early signals.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
