🔥🔥$BOB GOLDEN CROSS IS CONFIRMED ON THE 4hr CHART 🔥🔥 AUGUST IS BULLISH FOR BOB🚀 #BOBBuildOnBinance #BOB 3 days for Saturday 👷🚀 SOON WE BURN A ZERO 4 EVER

Here’s a short and updated analysis for Solana (SOL) as of August 7, 2025:

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Solana (SOL) Analysis

Price: ~$76.50

Trend: Neutral to Bearish

Support: $72

Resistance: $82

Market Cap Rank: #6

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🔍 Technical Overview

RSI: Around 46 – showing neutral momentum

Moving Averages:

50-day MA: Below current price (short-term support)

200-day MA: Above current price (long-term resistance)

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📉 Short-Term Outlook

SOL is struggling to break above $80.

If BTC drops below $55K, SOL could test $70 or lower.

Recovery depends on broader market sentiment.

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📈 Long-Term View

Still one of the top Layer-1 blockchains with fast, low-fee transactions.

Ecosystem remains strong with DeFi, NFTs, and gaming adoption.

Long-term potential remains bullish, especially if BTC resumes uptrend.

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Verdict:

✅ Hold or accumulate near $70–$72

❌ Avoid fresh buying above $80 unless it breaks $85 with strong volume

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