📊 Technical Analysis – Solana (SOL/USDT)
⏰ 1h and 4h Charts – 07/24/2025
💵 Current Price: $185.40 (Binance)
🔍 Summary of the Current Situation:
📉 After rejection in the $205 region, Solana entered a correction and is currently holding between important supports.
The pullback lost strength in the $177 region (VPVR), suggesting a defense zone for buyers.
🧭 4h Chart
🔺 Fibonacci 0.5 ($181.95) acting as a dynamic support.
☁️ Ichimoku Cloud: price testing the lower edge of the cloud — breakout may accelerate the decline.
📊 VPVR: Highest traded volume is between $177 and $182 — critical price defense zone.
📉 Stochastic: in oversold territory, crossing upward — possible short-term relief.
💀 MACD: remains in negative trend but starting to reduce selling pressure.
🕐 1h Chart
❗️ Attempt to recover above the EMA 20 failed — resistance at $185.59.
📈 Bollinger Bands: price at the bottom, suggesting possible short-term corrective movement.
🔁 Stochastic and MACD: bullish crossover beginning to form, indicating an attempt to breathe intraday.
📌 Key Levels
Resistance: $188 / $193 / $199
Strong Support: $181.45 / $177.42
Retracement Target (Fibo): $187.51 (0.382) and $194.40 (0.236)
💬 Bipolar Finance warns:
"When big players start selling where retail buys, the market breathes before deciding the next move. Protect profits, and never go against the volume signals!"
📍 Tip: Pay attention to the price behavior in the $181–$177 region. If it loses this range with volume, the next relevant support only appears near $168.