📈 Updated Technical Analysis:

#FOMCMeeting

SOL shows signs of cooling off after an explosive rally in previous weeks. Its marginal growth of +0.20% could be interpreted as a healthy pause. The network continues to lead in real TPS and TVL, even surpassing Ethereum in some metrics according to DefiLlama.

Technically, the price is moving within a symmetrical triangle, and the volume remains active ($5.55B), which could anticipate an imminent breakout. The RSI is at 59, leaving room for a possible bounce towards $185.

Anatoly Yakovenko, founder of Solana, confirmed that the update reducing latency in validations will be launched in August, generating expectations among developers.

🔍 Technical Strategy:

Technical resistance: $185

Dynamic support: $172

Watch for the triangle breakout for a possible swing trade.

💬 Strategic Reflection:

Solana continues to be the silent protagonist of the new wave of mass adoption.

Is SOL gearing up to break $200 this week?

$SOL