The Solana price today is trading around $169.05 following a short-term bounce from key support near $155. Despite climbing over 6% since August began, SOL now faces resistance from a confluence of technical barriers. Price remains below the Supertrend on the 4-hour chart and the 0.382 Fibonacci retracement level from the November–March swing, with $171.40 acting as the next hurdle for bulls.

Solana (SOL) Price Forecast Table: August 6, 2025

Indicator / Zone	Level / Signal
Solana price today	$169.05
Resistance 1	$171.12 (4H Supertrend)
Resistance 2	$175.80 (CHoCH zone)
Support 1	$165.00
Support 2	$161.71 (Parabolic SAR)
Support 3	$155.00 (Demand zone)
RSI (30-min)	58.57 (Neutral-Bullish)
DMI (ADX)	35.75 (Strong trend forming)
VWAP	$168.51 (price above, neutral bias)
Supertrend	Bearish under $171.12
Fib 0.382 Level (Weekly)	$171.40
Netflow (Aug 5, 05:30)	-$9.81M (bearish pressure)

What’s Happening With Solana’s Price?

SOL recently rebounded from a confluence of demand zones between $150 and $155, where the 4-hour chart shows a strong lower boundary of the falling parallel channel. Since then, price has been trading inside a rising short-…

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