🚀 $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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