Solana (SOL) Price Prediction for July 25
Solana price today is trading near $182.20, down sharply from the recent peak of $208.60 reached on July 21. After forming a double-cup breakout on the daily chart, Solana price surged aggressively, but this rally has now paused as indicators suggest cooling momentum and bearish divergence on lower timeframes. Buyers are now attempting to defend the dynamic support zone at $181 to $183, a region aligned with the 50 EMA and key breakout retest levels.
What’s Happening With Solana’s Price?
Solana’s recent breakout above the $165 neckline confirmed a large cup and handle pattern, projecting a potential continuation above $200. However, after reaching $208, SOL retraced back into the mid-range of its upward channel on the 4-hour chart.
The price is now trading at the lower Bollinger Band while testing the 50 EMA at $183.75. The daily trendline from the breakout structure remains intact, and price is still holding above the Supertrend level of $200.93. However, if the current support breaks down, the next confluence of EMAs lies near $174.52 and $165.64.
The post Solana (SOL) Price Prediction for July 25 appeared first on Coin Edition.
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Solana (SOL) Price Prediction for July 25
Solana price today is trading near $182.20, down sharply from the recent peak of $208.60 reached on July 21. After forming a double-cup breakout on the daily chart, Solana price surged aggressively, but this rally has now paused as indicators suggest cooling momentum and bearish divergence on lower timeframes. Buyers are now attempting to defend the dynamic support zone at $181 to $183, a region aligned with the 50 EMA and key breakout retest levels.
What’s Happening With Solana’s Price?
Solana’s recent breakout above the $165 neckline confirmed a large cup and handle pattern, projecting a potential continuation above $200. However, after reaching $208, SOL retraced back into the mid-range of its upward channel on the 4-hour chart.
The price is now trading at the lower Bollinger Band while testing the 50 EMA at $183.75. The daily trendline from the breakout structure remains intact, and price is still holding above the Supertrend level of $200.93. However, if the current support breaks down, the next confluence of EMAs lies near $174.52 and $165.64.
The post Solana (SOL) Price Prediction for July 25 appeared first on Coin Edition.
Read More