SOL/USDT – Weekly Chart Analysis (July 18, 2025)

Solana is at a critical breakout point as price pushes against a long-standing horizontal resistance zone between $175–$180. This zone has been tested multiple times since late 2024, making it a significant level to watch.

🔹 Current Price: ~$179.66
🔹 Resistance Zone: $175–$180
🔹 Next Major Supply Zone: $260–$290
🔹 Trendline Support: Still intact and respected since the Q2 lows

📌 Key Setup:

SOL is attempting a breakout above the horizontal resistance.

Price structure shows a series of higher lows, indicating growing bullish momentum.

A weekly candle close above $180 followed by a successful retest would confirm the breakout and could open up upside toward the $260–$290 zone.

📈 Trade Plan:

Breakout Entry: After a confirmed weekly close + bullish retest of $175–$180

Invalidation: Break below trendline and failure to hold above $160

Target: $260–$290 zone, where previous supply stepped in

🧠 Patience is key: Wait for confirmation and don’t chase breakout candles. This level has historically acted as a trap — confirmation is critical for safer entries.

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