📉 $SOL correct -3.4% at $182 after peak of $208 – support in key zone
📊 Current price and clear technical structure
Solana trades at $182.86, after falling from a high of $191.87 during the day. The correction of -7.96% from its record close of $205.28 indicates a technical pause, while it attempts to maintain solid support in the $180–$183 range.
⚙️ Key factors
It formed a double-cup breakout, but now faces bearish divergences on lower timeframes, indicating a loss of momentum.
ETF REX-Osprey SSK accumulated over $100M in AUM in just 12 days since its launch, attracting institutional capital.
Recent daily flows from the ETF reached $13.4M on July 24, reflecting sustained interest despite the technical drop.
Bitget analysis projects ceilings of $270–280 for SOL in September 2025 if the upward trend resumes.
🔧 Technical level of the day
📌 Support: $180–$183 (50EMA and retest of the breakout)
📌 Resistance: $192–$194 (recent highs)
🎯 Critical zone: holding above $180 would allow for a rebound towards the $200–$208 zone, while a confirmed loss of $180 would open the risk of falling to $165–$170.
🌐 Institutional outlook / macro vision
Solana stands out as a “blue-chip” altcoin thanks to its ETF with staking (SSK) and solid institutional accumulation. Despite the correction, the favorable structural framework and robust support indicate that this movement may be part of a technical consolidation — not a trend change. Year-end projections point to between $270 and $280 if institutional momentum continues.
Would you buy $SOL near support at $180 or wait for confirmation above $192 to hop on the train?👇
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