Solana climb 18% go $181, stop for $184–185 Resistance
Solana comot 18% for one week, e climb pass wan dey go down trendline reach $181. But trading volume comot 10%, e mean say people dey take profit close to $184–$185 resistance zone. On-chain data show say $15.18 million SOL enter exchange for August 9, e fit mean sey people dey sell. Liquidation clusters dey show support for $174 and strong resistance for $184. Technical indicators still allow small chance for price to go up: RSI dey 57, e never reach overbought area, but Supertrend for $190.33 still dey bearish. Traders need daily close pass $185 if dem wan target $256 (about 40% increase). If price no hold level, e fit drop back go $174 or make market rest small. Traders wey dey active suppose dey watch resistance tests and volume rebound to sabi if Solana bullish momentum go start again.
Bullish
Di 18% price rally and di RSI reading of 57 dey show say SOL get strong bullish mojo wey no dey tire, supported by on-chain power despite say trading volume drop 10%. Short-term, e sure say if e close well above $185, e go fit extend gains come $256 target, but if e no fit hold $174, e fit cause pullback or sideways move. Long-term, if e fit break through $184–$185 level, e go open almost 40% upside, wey go make traders get positive mind. But if e dey fail for resistance steady steady, consolidation fit happen, wey fit slow di upward momentum.