Solana (SOL) Price Prediction for July 25
Main Idea
Solana's price is currently trading at $182.20, down from a recent peak of $208.60, with key support levels being tested and potential for further downside if support breaks.
Key Points
1. Solana's price dropped sharply from $208.60 to $182.20, testing key support levels around $181-$183.
2. The 30-minute RSI at 31.36 and MACD indicate weakening momentum, with a net outflow of $58.95M suggesting profit-taking.
3. Key support levels to watch are $181-$183, with further downside possible to $175 or even $165 if support fails.
4. A bounce from current levels could target $190.75, $196, and the $200.93 Supertrend level.
5. The broader structure still favors bulls, but the short-term outlook remains corrective unless key resistance levels are reclaimed.
Description
Solana price today is trading near $182.20, down sharply from the recent peak of $208.60 reached on July 21. After forming a double-cup breakout on the daily chart, Solana price surged aggressively, but this rally has now paused as indicators suggest cooling momentum and bearish divergence on lower timeframes. Buyers are now attempting to defend the dynamic support zone at $181 to $183, a region aligned with the 50 EMA and key breakout retest levels. What’s Happening With Solana’s Price? SOL pri...
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