{"id":24770,"date":"2025-05-01T17:31:54","date_gmt":"2025-05-01T17:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24770"},"modified":"2025-05-01T17:31:54","modified_gmt":"2025-05-01T17:31:54","slug":"solana-surges-8-despite-global-macro-tensions-can-it-hit-155-in-short-term","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24770","title":{"rendered":"Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?"},"content":{"rendered":"<div>\n<p>Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty. <\/p>\n<p>SOL has shown impressive recovery strength, climbing 8% from its April 30 low of $140 to around $152, with daily trading volume jumping 35% over 24 hours. This resilience comes as US-China trade relations deteriorate, creating ripple effects across traditional and digital asset markets.<\/p>\n<p>The move comes as the broader market gauge CoinDesk 20 Index, climbed about 4% on Thursday. <\/p>\n<h2>Technical Analysis Highlights<\/h2>\n<ul>\n<li>SOL recovered from a significant 7.4% correction on April 30, dropping from 148.03 to 140.63 before reaching new period highs at 152.69.<\/li>\n<li>Overall trading range of 12.04 points (8.3%) showcases volatility, with strong support established at 140.65. <\/li>\n<li>Volume analysis reveals heightened trading during the correction (2.4M+ volume) followed by sustained buying interest during recovery.<\/li>\n<li>Recent price action forms an ascending channel with resistance at 152.50, while the 148.50-149.50 zone serves as a key support level, according to CoinDesk Research&#8217;s technical analysis data.  <\/li>\n<li>Bullish momentum appears sustainable with higher lows forming, suggesting potential continuation toward the 155.00 psychological level. <\/li>\n<li>In the last 100 minutes, SOL experienced significant volatility, dropping sharply from 152.38 to a low of 150.74 before staging a V-shaped recovery to 152.49. <\/li>\n<li>Key support established at 151.10, where substantial buying volume (44K+) emerged. <\/li>\n<li>A mid-session rally from 151.22 to 152.60 coincided with the highest volume spike (126K at 14:00), indicating strong institutional interest. <\/li>\n<li>The short-term ascending channel was established with resistance at 152.68 and support at 152.32. <\/li>\n<li>The 152.45-152.50 zone now serves as immediate resistance that could determine near-term direction.<\/li>\n<\/ul>\n<p>Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to <a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk\u2019s full AI Policy<\/a>. This article may include information from external sources, which are listed below when applicable.<\/p>\n<p>External References:<\/p>\n<ul>\n<li>NewsBTC, <a href=\"https:\/\/www.newsbtc.com\/news\/solana\/solana-monthly-candle-reclaims-key-levels-is-240-the-next-target\/\"><em>Solana Monthly Candle Reclaims Key Levels \u2013 Is $240 The Next Target?<\/em><\/a>, published April 30, 2025.<\/li>\n<li>NewsBTC, <a href=\"https:\/\/www.newsbtc.com\/news\/solana-analysts-forecast-q3-ath-rally-as-sol-retests-make-or-break-level\/\"><em>Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level<\/em><\/a>, published April 29, 2025.<\/li>\n<li>Cointelegraph, <a href=\"https:\/\/cointelegraph.com\/news\/why-is-solana-price-up-this-week?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\"><em>Why is Solana (SOL) price up today?<\/em><\/a>, published April 17, 2025.<\/li>\n<li>CryptoPotato, <a href=\"https:\/\/cryptopotato.com\/tension-builds-solana-sol-on-the-verge-of-a-huge-move\/\"><em>Tension Builds: Solana (SOL) on the Verge of a Huge Move?<\/em><\/a>, published April 30, 2025.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty. SOL has shown impressive recovery strength, climbing 8% from its April 30 low of $140 to around $152, with daily trading volume jumping 35% over 24 hours. This resilience comes as US-China trade [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24770","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24770"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24770\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}