Solana has returned to the region where its last impulsive move was formed. It appears to be attempting another bounce, but when we look at the SOL/BTC pair, it is currently facing a strong resistance zone.
There isn't much room between this resistance and the 200 MA band, which makes this a critical decision zone. At the moment, I do not recommend entering either a Long or Short position — it’s best to wait and observe.
If Solana breaks out to the upside, the next target will likely be $179.
SOLUSDT The rally isn’t done yet — price hit $178 and still climbing. Key upside targets: $187, $220, $263. Any bulls adding on pullbacks to $158–$163? 🐂
SOLUSDT Target $168.5 smashed, rallying to $178 — over 22% gains so far! Strong bullish momentum still in play — next stops: $187 → $220 → $263. Who’s holding for the bigger run? 🚀
SOLUSDT #SOL Update #5 – July 18, 2025
