Solana ($SOL ) Trade Analysis – 10 Aug 2025
Solana (SOL) is trading around $179, moving between $177.9 – $185.6 today. Price is holding above short-term support but facing resistance near $206.
Quick Trade Setup:
Buy (Long) Entry: $179
Target 1: $182.5
Target 2: $206
Stop-Loss: $178.1 (for scalp) / $157 (for swing)
Analysis:
A potential cup-and-handle pattern is forming, which could push the price towards $260–$295 in the long term. Short-term momentum is bullish, but be cautious as resistance is close. Scalpers can target quick gains, while swing traders should wait for deeper dips near $157–$160 for safer entries.
⚠️ This is not financial advice. Always do your own research.