$SOL According to the latest market data on July 9, 2025, Solana (SOL) is exhibiting significant volatility today. As of 14:45 on the same day, the SOL price has surpassed the $180 mark, reported at $180.16, with a 24-hour increase of 5.58%, indicating strong short-term bullish momentum. However, earlier in the morning, SOL briefly fell below $170 (minimum of $169.95) before rebounding, suggesting intense competition between bulls and bears in the market.
Technical Analysis:
Key Levels: Currently, attention should be paid to the support level at $150.7; if it holds, it may test the resistance zone of $153.8-$157.8; if it falls below $150.7, it could pull back to the support range of $148-$142.6. The daily chart shows that SOL is at the end of a converging triangle, with $152.02 as the short-term dividing line for strength.
Indicator Signals: The RSI is overbought (71.04), indicating a risk of correction, but the MACD remains positive, suggesting that if it breaks the resistance at $184, it could move further upward.
Influencing Factors:
Positive: The integration of the Chainlink CCIP protocol into the Solana mainnet enhances cross-chain interoperability, which may attract capital inflow.
Risks: Market sentiment is sensitive, and macroeconomic uncertainty along with insufficient liquidity may exacerbate volatility.
Advice: Short-term investors may consider entering the rebound with light positions and strict stop-losses; medium to long-term investors should wait for confirmation of the breakout direction from the triangle pattern.