Solana Wave Analysis – 25 February 2025

- Solana reversed from support level 134.15
- Likely to rise to the resistance level 155.30

Solana cryptocurrency today reversed sharply from the key support level 134.15 (former Double Bottom from October) standing well below the lower daily Bollinger Band.

The price will likely form the daily Japanese candlesticks reversal pattern Hammer today (strong buy signal for Solana) – if the price closes today near the current levels.

Solana cryptocurrency can be expected to rise to the next resistance level 155.30 (former strong support from November, acting as the resistance now after it was broken earlier this month).