#SOL Update #5 – July 18, 2025

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#SOL Update #5 – July 18, 2025SOL / TetherUSBINANCE:SOLUSDTwhaliocom#SOL Update #5 – July 18, 2025 Solana has returned to the region where its last impulsive move was formed. It appears to be attempting another bounce, but when we look at the SOL/BTC pair, it is currently facing a strong resistance zone. There isn't much room between this resistance and the 200 MA band, which makes this a critical decision zone. At the moment, I do not recommend entering either a Long or Short position — it’s best to wait and observe. If Solana breaks out to the upside, the next target will likely be $179.