Solana (SOL) Price Prediction for July 23, 2025
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Solana is pushing deeper into a key resistance region after breaking through a long-standing consolidation zone. Solana price today sits near $197.66, up nearly 9% this week, as bulls build momentum after invalidating multiple bearish structures. The move follows a clean breakout from a double cup-and-handle base and a reclaim of prior Smart Money CHoCH levels, placing SOL near the top of its current range.
What’s Happening With Solana’s Price?
On the daily timeframe, Solana completed a textbook multi-month cup-and-handle breakout between $135 and $180. The neckline retest around $158 has held, and price has since surged above all prior local highs into a fresh liquidity zone. This area which is between $195 and $217, has not been visited since January and includes high-volume rejection zones seen in December 2024.
Momentum remains strong across timeframes. The 4-hour candles show that price has consistently closed above the 20/50/100/200 EMAs, with the current level of $197.76 well above the 20 EMA ($188.25). Bollinger Bands have expanded, and the upper band now sits near …
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