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Solana Wave Analysis – 7 August 2025

Solana: ⬆️ Buy– Solana reversed from support area– Likely to rise to resistance level 180.00Solana cryptocurrency recently reversed from the support area between the pivotal support level of 160.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 fro…

UpdatedAug 8, 2025
1 mins read

Solana: ⬆️ Buy

– Solana reversed from support area

– Likely to rise to resistance level 180.00

Solana cryptocurrency recently reversed from the support area between the pivotal support level of 160.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 from June.

The upward reversal from this support area stopped the previous short-term ABC correction 2 from July.

Given the clear daily uptrend, Solana cryptocurrency can be expected to rise to the next resistance level 180.00.

Source: https://fxpro.news

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