🚀 $SOL in Focus: Bullish Signals Emerging on Higher Timeframes
#Solana #SOL #CryptoUpdate #trendTrendingStragte #BinanceSquare
As of July 9, 2025, $SOL is showing strength both technically and fundamentally:
🔍 Price Action:
SOL is trading around $147 – $152, holding above key support at $138.
Daily candles show higher lows, indicating strong buy pressure.
Volume is gradually rising — a sign of accumulation phase.
📊 Technical Indicators:
RSI: 59 — room for upside, not overbought
MACD: Bullish crossover confirmed on the 4H chart
Support: $138 / $126
Resistance: $160 / $175
🧠 On-Chain Insights:
Solana network’s active users have increased by 18% this week
JitoSOL and other liquid staking tokens on Solana are trending
Institutional wallets are interacting with Solana DEXs like Jupiter and Phoenix
📌 Strategy Tip:
Watch for a confirmed breakout above $160 — that could signal a short-term rally toward $175+. A healthy retest of $138 can also offer a good swing entry.
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📢 Do you think $SOL can reclaim $200 soon? Drop your analysis below ⬇️
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