📉 Updated Professional Analysis of Solana (SOL) until tomorrow – August 3, 2025
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🔍 Current Situation:
- The price is trading at $164.36 with a daily decline of -4.8%, which is below the dynamic support level at $178.25 according to the Exponential Moving Average (EMA).
- Technical indicators such as RSI and MACD indicate weak momentum, with strong sell signals on the daily timeframe.
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📊 Forecasts until Tomorrow:
Source Price Forecast Notes CoinLore $161.24 – $165.84 Potential Trading Range over the Next 24 Hours Traders Union $164.46 Slight increase of +0.2% Binance $162.67 Expected monthly growth of 5% Changelly $169.8 Optimistic forecast, but the model later indicates $79---
🧠 Influencing Factors:
- Decreased activity on the network: the number of active daily addresses has dropped by 16% over the week, reflecting reduced interaction with decentralized applications.
- Decline in Total Value Locked (TVL): decreased by 8% over the week, indicating liquidity withdrawal from DeFi protocols on Solana.
- Long Position Liquidation: Over $57 million in long positions have been liquidated, the highest level since February, increasing selling pressure.
- Whale Movements: $17.7 million of SOL was moved to exchanges, reflecting a potential selling intention.
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📈 Potential Scenarios until Tomorrow:
- Bullish Scenario: If support is maintained at $162–$163 and reversal signals appear, the price could bounce back towards $165–$166.
- Bearish Scenario: Breaking support at $162 could push the price towards $159–$160, with the possibility of testing $140–$160 if the pressure continues.
- Extreme Scenario: If selling by whales continues and positions are liquidated, the price could reach $120 during August.
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📌 Summary:
Solana is experiencing a clear selling pressure phase, but there are still opportunities for a rebound if technical indicators improve and new liquidity appears. The expected trading range until tomorrow is $161 – $166, with close monitoring of the $162 level as key for the upcoming trend.