TLDR:
- The Solana Price deals at $ 159.64 with bulls defending support after a short 4.25% recruit.
- This week’s interval contained between $ 149.89 and $ 167.86, with a decrease of 9.7% in the volume of trade.
- RSI remains neutral with upward rooms, as the price structure suggests a finished correction.
- Analysts point to $ 126 support and $ 175 Breakout level as the key to Sol’s next direction.
Soana (Sun) price rover About $ 160 after a short rally, with bulls showing signs of regrouping for a possible breakout.
Market data shows a short -term relapse, but the overall feeling remains leaning towards a causal continuation. Trade volumes are lower, which indicates reduced activity, but price stability near key support tips in potential upward.
Analysts point to a finished correction cycle, which can signal the early stages of a stronger move higher. Price measures in the coming days are likely to confirm whether Solana resumes its upward speed or slides to further consolidation.
Soana price analysis
According to Coytecko, the sun is priced at $ 159.64, which reflects a decrease of 4.25% over the past 24 hours. However, the token still got 5.48% over the past week. The trade area remained between $ 149.89 and $ 167.86 during the week, with a 24-hour interval of $ 158.92 to $ 168.18.
Trade volume fell by 9.7% during the same period and fell to approximately $ 11.66 billion. This decrease can suggest cooling torque or profitable close resistance zones.
In spite of the slowdown, Market Eentiment remains largely optimistic, with traders who look at a decisive feature above $ 170.
Data from CoinCex forecasts a potential 5.41% price increase in mid -August and aimed at $ 168.72. Their analysis shows a hooked feeling and a fear and greed index reading of 73, which indicates growing investors’ trust.
Over the past 30 days, Solana registered 50% of trading days with a mild price volatility of 5.03%. This stable performance has kept trader awake for all signals of a breakout, especially since technical patterns suggest space for upwards.
Sun Price diagram structure points to finished correction
Veteran Financial Trader Matthew Dixon shared his opinion on the current price structure.
He described the previous drop from Solana’s highest time of $ 295 as one finished with five dares baissed impulse. In addition, he added that the correction probably ended at $ 95.86 after a triangle pattern and a sharp flush lower.
Since then, Sol has collected back to the $ 160 interval and is now in a consolidation phase.
$ Sun ATH $ 295.
The decline from the high shows a clear 5-wave impulse down, which confirms a finished Baissian bicycle.A complex correction followed, with a wave B-triangle and post-triangular pressure lower to $ 95.86, which probably ended the entire correction as a wave C.
The market has … pic.twitter.com/4lc4mlgyjjj
– Matthew Dixon – Veteran Financial Trader (@mdtrade) July 15, 2025
Dixon suggests that if Solana holds above $ 126 and breaks over $ 175 with strong volume, it can trigger a $ 220 movement. He highlighted $ 140 to $ 145 as an important support zone and warned that a fall under $ 126 could signal renewed baissat pressure.
The current RSI is located in a neutral interval of 46–56, which gives Solana rooms to move higher before they meet over -bought conditions. Momentum remain intact without divergence, and traders carefully monitor for an RSI -Breakout over 70 to Confirm a new rally phase.
Short-term risks include rejection close to $ 160 to $ 170 resistance zone. However, the overall market setting favors a continuation higher if the support holds and the volume return.
