📈 Analyze Movement $SOL – July 22, 2025
The price of $SOL is currently around $200.22, successfully breaking back to the psychological level of $200 after having corrected from the $220 area. This is a strong signal that buyers are becoming active again and the upward trend is not over yet.
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🔍 Brief Fundamentals
✅ Activity in the Solana network is accelerating – ranging from DeFi, NFTs, to game tokens & RWAs that are actively being developed in its ecosystem.
✅ Several major institutions like Grayscale and Fidelity are also starting to eye Solana for their portfolios.
✅ Added news about the SOL-based ETF filing is boosting sentiment further.
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📊 Technical Update
• Strong support: $185 – $190
• Nearest resistance: $210 – $220
• RSI is still high, showing that bullish momentum is still dominant
• Chart structure shows a cup & handle pattern → potential signal for continued rally
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🎯 Where is $SOL Heading?
• Short-Term: Consolidation in the $195 – $205 area, potential re-entry before breakout
• Medium-Term: If it can break $210 with volume, the next target is $220 – $250
• Long-Term: There is still a chance to reach $300+, especially if the ETF is approved
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🛡️ Safe Strategy
• Buy on dip: $190 – $195
• Gradual TP: $210 – $220 – $250
• Stop Loss: Below $180
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🚨 Keep an eye on BTC volatility & global sentiment. But overall, Solana remains one of the most interesting altcoin setups right now 🚀
