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Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level

2025-07-05 08:04:39

Description

Solana is facing a critical test this week, consolidating in a tight range between $145 and $160 since Monday. The price action reflects strong buying interest but also hesitation as bulls struggle to reclaim higher levels. Despite holding above key support, Solana must break decisively above resistance to confirm a bullish breakout and continue its upward trend. Related Reading: Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus? Market momentum has favored bulls in recent weeks...

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