According to Mihir (@RhythmicAnalyst) on Twitter, Solana (SOL) price action throughout its bull run has been consistently supported by a single major trendline, identified as the white line. The latest chart analysis shows SOL is currently in a recovery phase, rebounding from recent lows while staying above this crucial support. This trendline is a key technical indicator for traders; sustained price action above this level may signal continued bullish momentum, while a breakdown could indicate trend reversal. Traders are advised to monitor SOL’s interaction with this support for actionable entry and exit points (source: Mihir via Twitter, May 2, 2025).

According to Trader Tardigrade, a trading setup for SOL suggests entering a long position at $152 following a breakout above bull flag resistance, with a target price of $174 based on the measured move from the bull flag pole. This setup is supported by technical analysis of price action and is relevant for traders seeking breakout opportunities in Solana markets. Source: Trader Tardigrade on Twitter (April 29, 2025).