#solana
📊 **Solana Technical Update – July 17, 2025**
📌 **Price**: $173.1
⚡ **Momentum**: RSI ~60, MACD bullish divergence
📈 **Chart Patterns**: Ascending/Sym triangle breakout ongoing ($162–$170 zone)
🔧 **Support Cluster**: $162 (4‑hr pivot), $155–$158 (EMA50/100)
🏁 **Resistances**: $178–$180 → $190–$200 on sustained breakout
🛑 **Volatility**: ATR ~ $7.9; shorts liquidated at $174–$176 (~$15M)
**Trade Plan**
✅ *Aggressive:* Buy dips to $168–$170, TP $178–$180, SL < $165
⚠️ *Conservative:* Buy breakout > $178–$180, TP $190–$200, SL ~$175
🌐 On‑chain & dev metrics strong – bullish case intact. Manage risk, use stops. Informational purposes only. Not financial advice.
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🔍 Outlook Summary
SOL remains in a bullish consolidation, backed by solid chart patterns, supportive EMAs, increasing volume, and developer activity. A breakout above ~$178–$180 could launch a rally toward $200+, while a strong support band at $162–$165 offers a defined risk zone.
