๐ Solana (
$SOL ) Live Update โ Aug 3, 2025 ๐จ๐จ๐จ
$SOL BUY this coin right now ๐ต๐ต๐ฒ๐ต๐ต๐ต
๐ฐ Current Price: ~$158โ$159 USD๐ต
๐ป 24h Drop: ~3โ3.5%
๐ Reflecting a continued pullback from early August highs (investing.com, coinbase.com)
๐ 7-Day Performance:
๐ป Down ~14โ15% from ~$185โ$190 resistance โ current levels (coinbase.com, coingecko.com)
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๐ Technical Indicators:
๐จ Signal: โStrong Sellโ
๐ RSI: ~39 (bearish territory)
๐ MACD: Bearish
๐ EMAs: All aligned downward (turn0search2)
๐ Immediate Support: $170
๐งฑ If broken โ downside to $160โ$165 (turn0search15, turn0search5)
๐ Bounce above $180โ$190 = possible rebound ๐
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๐ Fundamental View:
โ๏ธ Solana ecosystem remains strong
๐ Real-world asset tokenization โ +200% YTD โ
โ ๏ธ BUT: Losing stablecoin volume leadership to SUI raises caution โ (turn0search0, turn0search4)
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๐ Analyst Outlook:
๐ฏ Target: $180โ$185 if $170 support holds
โ If not: Risk of further drop to $150 (turn0search17, turn0search4)
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๐งพ Other Catalysts:
๐ข SOL ETF interest is alive
๐๏ธ Grayscale + VanEck have filed SOL ETF proposals โ possible bullish catalyst if price stabilizes (turn0search0, turn0search5)
#Solana #SOLanalysis #CryptoSupport #AltcoinWatch #SolanaCorrection