Solana (SOL) Price Prediction for July 15

Key Points

1. Solana's price is currently at $167.25, up over 3.5% in the past 24 hours, with potential to challenge resistance near $175.

2. Key technical indicators like RSI (67.05 / 61.77), MACD (bullish crossover), and Bollinger Bands (expansion near upper band) suggest strong bullish momentum.

3. The 0.382 Fibonacci level at $175.55 is a critical resistance zone; breaking it could lead to targets of $198 (Fib 0.5) and $222.24 (Fib 0.618).

4. Derivatives data shows open interest at $8.19B (+1.90%) with a long-heavy bias, indicating trader confidence in continued price appreciation.

5. A pullback below $162.50 could delay the breakout, with support levels at $158–$162 and $154.90–$158.50.