Categories: Technical analysis

Solana Wave Analysis – 11 July 2025

Solana: ⬆️ Buy

– Solana broke resistance zone

– Likely to rise to resistance level 180.00

Solana cryptocurrency recently broke the resistance zone between the resistance level 159.80 (which has been reversing the price from the start of June) and the 61.8% Fibonacci correction of the ABC correction (2) from May.

The breakout of this resistance zone should accelerate the active impulse waves 3 and (3).

Given the strongly bullish sentiment seen across the cryptocurrency markets today, Solana can be expected to rise to the next resistance level 180.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Solana

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