đž SOL/USDT â Daily Chart Update (Aug 8, 2025)*
*Price:* 175.05
*Change:* +3.06
*24h Range:*167.00 â 175.92
*Volume (SOL):* 3.50M
*RSI (6):* 57.09 (neutral-bullish)
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đ *Key Technical Highlights:*
- *Bounce from155.60* has led to a sustained upside.
- *Price is now above EMA-7 (171.13)* and *EMA-25 (171.74)* â bullish short-term sign.
- *EMA-200 (163.00)* holding as strong support â trend structure remains intact.
- *RSI* trending upward but still leaves room before hitting overbought territory.
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đą Bullish Signs:
- Higher lows forming since July 30 bottom.
- EMA crossover attempt signals bullish momentum.
- RSI rising confirms strengthening buying pressure.
*đŽ Resistance Ahead:*
- Immediate resistance near *182â184* zone.
- Major swing high at *206.30* still far â gradual move expected.
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đ Summary:
SOL is showing *a strong recovery* after the pullback, with price reclaiming major EMAs and buyer momentum increasing. If volume sustains and price clears 182, the next leg up toward190+ could be triggered.