Solana price analysis (SOL) has recently gained significant attention in March 2025, marked by a notable recovery driven by developments within the blockchain space and heightened interest, as reflected by Google search trends. The analysis explores key aspects including bullish momentum and essential resistance levels.

Insights into Solana’s Price Movement

As SOL rises beyond $138 and targets the $140 threshold, this article breaks down the technical aspects fueling this upward trend. Key indicators and market dynamics are essential to understanding Solana’s trajectory this month, highlighting aspects such as wallet activity and futures market performance.

If you believe in $SOL, now is the time to bid. Retesting the multi-year support zone alongside the multi-year uptrend support could lead to significant opportunities. I’m optimistic that Solana will maintain a range around $110-$120; otherwise, we might face a 30%-40% correction risk. — Ted (@TedPillows) March 14, 2025

Current Market Status

All eyes are on key support levels that have proved resilient, particularly as Solana stabilizes at around $144. The upcoming resistance is set to pose challenges ahead.

Technical Highlights

• Solana maintains a bullish trend on the weekly timeframe.
• Price has successfully bounced off the moving average (MA) at $114, marking a significant growth of 20%.
• In a bearish overall market trend, this is the opportune moment to buy undervalued coins.

What Lies Ahead?

Detailed Technical Breakdown:

• In the 1 Day (1D) timeframe, observed resistance levels around ~$176 and support at $120 demonstrate the market’s volatility. A sustainable break above these points is crucial.
• 4 Hour (4H) analysis indicates a bullish framework building with higher highs and lows, which is essential for ongoing growth. Resistance is seen around $176, though a slight cooldown might be necessary before further upward momentum.

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