🔴 #SOL Update #2 – July 5, 2025
Yesterday, I mentioned that Solana was at a critical level and not suitable for long or short entries. I also noted that I’d stay in watch mode and that hasn’t changed.
Right now, SOL is trying to hold above the support box, but volume remains quite low. Even worse, footprint data is showing negative pressure. If SOL loses the $144.5 level, I expect a move toward the $137–136 zone, as mentioned in my previous update.
Let’s also not forget that the $150 area is a strong resistance. At this stage, I don’t see any high-probability setup on either side. I’m still watching. No trade for now.
Yesterday, I mentioned that Solana was at a critical level and not suitable for long or short entries. I also noted that I’d stay in watch mode and that hasn’t changed.
Right now, SOL is trying to hold above the support box, but volume remains quite low. Even worse, footprint data is showing negative pressure. If SOL loses the $144.5 level, I expect a move toward the $137–136 zone, as mentioned in my previous update.
Let’s also not forget that the $150 area is a strong resistance. At this stage, I don’t see any high-probability setup on either side. I’m still watching. No trade for now.
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