The stock closed in June near $150, recovering from its local low of around $136 earlier in the month. The price of Solana is trading today below a critical confluence point of resistance levels, while consolidating within a larger symmetrical triangle structure. With tightening pressure and overall support stabilization, July may be pivotal in determining the trend.
Solana price forecast for July 2025
SOL price dynamics
The price structure of Solana
Until July 2025, under pressure from a symmetrical triangle on the daily chart. The descending resistance from the March high converges with the ascending support from the April low near the $150-$153 area, indicating the likelihood of a breakout this month. The triangle resistance overlaps with major Fibonacci retracement levels of 0.618-0.705 ($152.37-$165.88), making this area critical for bulls.
SOL price dynamics
Meanwhile, the SMC chart shows a series of CH, oCH, and BOS formations near $135-$155, with notable liquidity above $165 and below $130. The price has not yet surpassed similar peaks near $160, making it a magnet for any bullish continuation in early July.
Indicators, signals, charts, and price graphs for Solana ($ million)
SOL price dynamics
The Relative Strength Index (RSI) (14) on the daily timeframe is currently at 50.94, sitting exactly at the midpoint, indicating a state of balance between bulls and bears. The RSI has bounced back from a nearly oversold condition in mid-June, but it has not yet confirmed the continuation of bullish momentum.
The MACD (12, 26) indicator is attempting to achieve a bullish crossover, as the MACD line is returning towards the signal line after forming a higher low. The price chart is also trending upwards, indicating early signs of a momentum shift, although confirmation is still pending.
SOL price dynamics
The Bollinger Bands are moderately compressed, with the price hovering just below the middle band (around $150.09). The upper band near $159.53 and the lower band at $133.34 represent potential breakout thresholds. A decisive close above either could trigger a strong continuation of the upward move.
The levels of the Exponential Moving Average (EMA) represent strong resistance in the future. The Solana stock is currently trading between the 20-day Exponential Moving Average ($147.78) and the 50-day Exponential Moving Average ($151.45), while the 100-day Exponential Moving Average ($154.19) and the 200-day Exponential Moving Average ($159.59) form a multi-layer resistance barrier, and surpassing it is essential for the continuation of any upward trend.
What can we expect from Solana's price this month?
SOL price dynamics
In July, Solana's price is expected to test the boundaries of the symmetrical triangle structure. A breakout above $153 could lead to a retest of the upper resistance area near $165.88. If momentum increases thereafter, bulls may target a broader Fibonacci objective at $175, potentially $187, as it settles above its record high from March 2025.
However, failing to hold above the support level of 0.618 at $141.44 could renew downward pressure, as the next major support lies at $130.52 (0.5 Fibonacci), followed by a high-volume trading node near $115. A breakout from the lower triangle boundary toward the demand area at $95-$100 could accelerate.
With the tightening of volatility and alignment of key SMC levels around this area, a strong breakout is increasingly likely by mid to late July.
Will Solana's price reach $165 this month?
SOL price dynamics
Solana has an opportunity to revisit the $165 level in July, but this requires a successful breakout above the current triangle resistance level. The confluence of the 0.705 Fibonacci retracement level with multiple supply areas near $160-$165 makes this zone a liquidity magnet if bulls can breach the $153 level.
However, the path to $165 is conditional. The overall strength of Bitcoin and Ethereum, along with ongoing trading volume and momentum generated by altcoin cycles, is likely essential to support such a move. On the other hand, a clear breach of the support level at $130 would negate the bullish scenario and shift focus to the $115 level or lower.
Summary
The Solana price forecast for July 2025 focuses on an imminent breakout of a long-standing symmetrical triangle pattern. Indicators suggest early bullish potential, but strong resistance near $153-$160 must be surpassed to confirm an upward continuation. If successful, SOL may target $165 and $175. On the downside, it is advisable to monitor $141 and $130 as key support areas. July is likely to witness high momentum movement determining the path for the third quarter.