🚨 Solana (SOL) Technical & Trade Analysis – Aug 20, 2025
SOL is trading around $179, showing short-term weakness but strong mid-to-long term potential.
🔍 Key Levels:
Support: $176 – $177
Resistance: $190 (breakout zone) → $205 – $210
Pivot: $179 – $181
📊 Technical Outlook:
Short-term: Bearish bias ⚠️ (RSI ~44, MACD negative)
Mid-term: Neutral → Bullish if price reclaims $190+
Long-term: Strong fundamentals (DeFi TVL ~$11.2B, institutional adoption, ETF tailwinds) could push SOL toward $200+
⚠️ Risk: Failure to hold $176 could open downside toward $172 – $169.
🔥 Opportunity: Breakout above $190 = potential rally to $205 – $210.
👉 SOL is consolidating now — will the next big move be a breakout or a breakdown?
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