Solana (SOL) Price Prediction for July 11
Solana price today is trading at $158.60 after a clean breakout from a long-standing symmetrical triangle. This structure, visible on the daily chart since March, has now resolved to the upside. However, derivatives sentiment and elevated put positioning suggest that while the technical setup is bullish, caution remains warranted as traders price in macro uncertainty following the FOMC tone shift.
What’s Happening With Solana’s Price?
The daily chart confirms that Solana price has broken above the triangle apex around $156, flipping both the Bull Market Support Band and dynamic EMAs into support. Price is now pushing against the $158–$160 resistance zone, with short-term momentum favoring a continuation toward $164 if bulls hold.
On the 4-hour chart, SOL has surged above the Bollinger Band midline and is now testing the upper band at $159.20. All EMAs (20/50/100/200) are stacked in bullish alignment, reinforcing the current uptrend. The Supertrend indicator has also flipped green on the 4H timeframe at $150.75, supporting a bullish intraday bias.
The trendlines confirm…
The post Solana (SOL) Price Prediction for July 11 appeared first on Coin Edition.
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Solana (SOL) Price Prediction for July 11
Solana price today is trading at $158.60 after a clean breakout from a long-standing symmetrical triangle. This structure, visible on the daily chart since March, has now resolved to the upside. However, derivatives sentiment and elevated put positioning suggest that while the technical setup is bullish, caution remains warranted as traders price in macro uncertainty following the FOMC tone shift.
What’s Happening With Solana’s Price?
The daily chart confirms that Solana price has broken above the triangle apex around $156, flipping both the Bull Market Support Band and dynamic EMAs into support. Price is now pushing against the $158–$160 resistance zone, with short-term momentum favoring a continuation toward $164 if bulls hold.
On the 4-hour chart, SOL has surged above the Bollinger Band midline and is now testing the upper band at $159.20. All EMAs (20/50/100/200) are stacked in bullish alignment, reinforcing the current uptrend. The Supertrend indicator has also flipped green on the 4H timeframe at $150.75, supporting a bullish intraday bias.
The trendlines confirm…
The post Solana (SOL) Price Prediction for July 11 appeared first on Coin Edition.
Read More