Solana (SOL) Price Prediction for July 5
2025-07-04 09:14:59
Main Idea
Solana's price has pulled back to $150.50 after failing to sustain above the $154 resistance level, with indicators suggesting potential further downside or a breakout depending on key support and resistance levels.
Key Points
1. Solana's price is currently down 1.2% at $150.65, struggling below the $154.20–$157.50 resistance cluster.
2. The 4-hour Bollinger Bands and EMA clusters indicate bearish drift and market indecision, with a high-volume demand zone near $145.76.
3. Derivatives data shows declining volume, open interest, and options volume, with neutral to negative funding rates.
4. A break below $148 could lead to a retest of the $141.44 support level, while a breakout above $154.20 could push toward $160.
5. Key resistance levels are at $154.22 and $165.88, while support levels are at $148.00 and $145.75.
Description
After failing to sustain above the $154 resistance level, Solana price today has pulled back toward the $150.50 region. Despite last week’s bullish breakout above descending trendline resistance, momentum is now fading as traders reassess risk in a low-volume environment. At the time of writing, SOL is down 1.2% on the day, hovering near $150.65. What’s Happening With Solana’s Price? SOLUSD price dynamics (Source: TradingView) Solana price action has entered a key compression zone. On the 4-hour...
Latest News
- Crypto Czar Says GENIUS Act Is Trump’s Next Win After ‘One Big, Beautiful Bill’2025-07-04 12:06:03
- DeFi Development Corp. Buys Another $2.7 Million in SOL, Boosting Its Crypto Treasury2025-07-04 11:48:48
- Bitcoin’s $120K Case: Built on Charts, Confirmed by a $600M ETF Flood2025-07-04 10:45:19
- Healthy Pullback – ETH and XRP Build the Base for the Next Leg Up2025-07-04 10:31:45
- Will FTX Claims Include Countries Where Cryptocurrency Activities Are Restricted or Banned?2025-07-04 10:16:37