Solana (SOL) Technical Update — July 31, 2025 🚨
Solana is holding steady around $180, showing signs of consolidation after recent highs. Technicals point to strong support at $175, with bulls defending this zone despite market volatility.
📊 Key Insights:
RSI & MACD suggest a potential short-term bounce ⚡
Trading above major MAs — bullish medium-term outlook
Resistance to watch: $190–$200, with breakout potential to $220+
Analysts highlight ETF momentum, on-chain strength, and whale accumulation as tailwinds. But a break below $175 could open downside to $165.
Are you eyeing the dip or waiting for the breakout? 👀
