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Solana (SOL) Price Prediction for August 6


by Parshwa Turakhiya
for CoinEdition

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Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

The Solana price today is trading around $169.05 following a short-term bounce from key support near $155. Despite climbing over 6% since August began, SOL now faces resistance from a confluence of technical barriers. Price remains below the Supertrend on the 4-hour chart and the 0.382 Fibonacci retracement level from the November–March swing, with $171.40 acting as the next hurdle for bulls.

Solana (SOL) Price Forecast Table: August 6, 2025

Indicator / ZoneLevel / Signal
Solana price today$169.05
Resistance 1$171.12 (4H Supertrend)
Resistance 2$175.80 (CHoCH zone)
Support 1$165.00
Support 2$161.71 (Parabolic SAR)
Support 3$155.00 (Demand zone)
RSI (30-min)58.57 (Neutral-Bullish)
DMI (ADX)35.75 (Strong trend forming)
VWAP$168.51 (price above, neutral bias)
SupertrendBearish under $171.12
Fib 0.382 Level (Weekly)$171.40
Netflow (Aug 5, 05:30)-$9.81M (bearish pressure)

What’s Happening With Solana’s Price?

SOL price dynamics (Source: TradingView)

SOL recently rebounded from a confluence of demand zones between $150 and $155, where the 4-hour chart shows a strong lower boundary of the falling parallel channel. Since then, price has been trading inside a rising short-…

The post Solana (SOL) Price Prediction for August 6 appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.0803

+0.98%

$ 0.0000824

$ 0.000207

$ 88.60

+4.78%

$ 1.58


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In This News

Coins

$ 0.0803

+0.98%

$ 0.0000824

$ 0.000207

$ 88.60

+4.78%

$ 1.58


Share:

Read More

Solana Price Prediction: Can Solana Defend $67 as Momentum Stays Bearish?

Solana Price Prediction: Can Solana Defend $67 as Momentum Stays Bearish?

Solana trades near $80 after months of sustained downside pressure that reshaped its ...
Solana New Holders Drop by 2.3 Million, Will It Impact Price Recovery?

Solana New Holders Drop by 2.3 Million, Will It Impact Price Recovery?

In Brief Solana new addresses fall 2.3 million, signaling weaker demand. 1.4 million...

Solana (SOL) Price Prediction for August 6


by Parshwa Turakhiya
for CoinEdition

Share:

Solana-(SOL)-Price-Prediction-Aanalysis-This-Month

The Solana price today is trading around $169.05 following a short-term bounce from key support near $155. Despite climbing over 6% since August began, SOL now faces resistance from a confluence of technical barriers. Price remains below the Supertrend on the 4-hour chart and the 0.382 Fibonacci retracement level from the November–March swing, with $171.40 acting as the next hurdle for bulls.

Solana (SOL) Price Forecast Table: August 6, 2025

Indicator / ZoneLevel / Signal
Solana price today$169.05
Resistance 1$171.12 (4H Supertrend)
Resistance 2$175.80 (CHoCH zone)
Support 1$165.00
Support 2$161.71 (Parabolic SAR)
Support 3$155.00 (Demand zone)
RSI (30-min)58.57 (Neutral-Bullish)
DMI (ADX)35.75 (Strong trend forming)
VWAP$168.51 (price above, neutral bias)
SupertrendBearish under $171.12
Fib 0.382 Level (Weekly)$171.40
Netflow (Aug 5, 05:30)-$9.81M (bearish pressure)

What’s Happening With Solana’s Price?

SOL price dynamics (Source: TradingView)

SOL recently rebounded from a confluence of demand zones between $150 and $155, where the 4-hour chart shows a strong lower boundary of the falling parallel channel. Since then, price has been trading inside a rising short-…

The post Solana (SOL) Price Prediction for August 6 appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0803

+0.98%

$ 0.0000824

$ 0.000207

$ 88.60

+4.78%

$ 1.58


Share:

In This News

Coins

$ 0.0803

+0.98%

$ 0.0000824

$ 0.000207

$ 88.60

+4.78%

$ 1.58


Share:

Read More

Solana Price Prediction: Can Solana Defend $67 as Momentum Stays Bearish?

Solana Price Prediction: Can Solana Defend $67 as Momentum Stays Bearish?

Solana trades near $80 after months of sustained downside pressure that reshaped its ...
Solana New Holders Drop by 2.3 Million, Will It Impact Price Recovery?

Solana New Holders Drop by 2.3 Million, Will It Impact Price Recovery?

In Brief Solana new addresses fall 2.3 million, signaling weaker demand. 1.4 million...