#solanAnalysis Solana (SOL) is poised for a potentially bullish July 2025. Current charts show SOL consolidating around $151-$152, with key resistance at $154-$157.
A sustained breakout above this could push SOL towards $165-$175, with some analysts targeting $180-$200 by month-end.
Bullish indicators include a recovering RSI and aligning EMAs. Chart patterns like a developing "double bottom" and "inverse head and shoulders" further suggest an upward reversal.
Catalysts like potential Solana ETF approvals and surging network activity (record daily active addresses, leading blockchain revenue in Q2 2025) are driving institutional interest.
Downside risk exists if SOL fails to hold support at $140-$145, potentially dropping to $138-$140. However, the overall sentiment is cautiously optimistic for a strong July.