Solana (SOL) Price Prediction for July 5

After failing to sustain above the $154 resistance level, Solana price today has pulled back toward the $150.50 region. Despite last week’s bullish breakout above descending trendline resistance, momentum is now fading as traders reassess risk in a low-volume environment. At the time of writing, SOL is down 1.2% on the day, hovering near $150.65.

What’s Happening With Solana’s Price?

SOLUSD price dynamics (Source: TradingView)

Solana price action has entered a key compression zone. On the 4-hour chart, SOL broke above the June descending wedge but has since rejected the $154.20–$157.50 resistance cluster. This area also corresponds with a volume node and the upper boundary of the descending triangle that has capped price action since April.

SOLUSD price dynamics (Source: TradingView)

The 1D chart shows SOL is nearing the apex of a longer-term symmetrical triangle, formed between the $144–$154 consolidation zone and broader diagonal resistances. If bulls fail to defend the current higher low structure near $148, SOL may revisit the lower support trendline near $142.

SOLUSD price dynamics (Source: TradingView)

Weekly Fibonacci levels show that SOL is struggling just below the 0.382 retracement at $152.37. A failure to reclaim this level decisively would shift bias back toward the 0.5 zone at $141.44.

Why Is the Solana Price Going Down Today?

SOLUSD price dynamics (Source: TradingView)

The answer to why Solana price going down today lies in weakening momentum and derivative market exhaustion. The 4-hour Bollinger Bands have started to narrow, while candles are beginning to pierce below the mid-band ($150.87), signaling bearish drift. At the same time, the EMA 20/50/100 cluster is coiling tightly between $149.44 and $151.42, indicating indecision and possible short-term volatility expansion.

SOLUSD price dynamics (Source: TradingView)

Volume profile data shows a high-volume node near $145.76, making it a likely demand zone on pullbacks. Meanwhile, SOL failed to flip the $154.22 level into support, which has since acted as a firm rejection zone. If SOL breaks below $148, this confluence will likely be tested quickly.

SOL Derivative Analysis (Source: Coinglass)

Derivatives data adds to bearish pressure: volume is down 12.87%, open interest has dropped 3%, and options volume has plunged 35.51%. Funding rates are now neutral to negative (-0.0004%) with long/short ratios above 2.0 on Binance, suggesting that overleveraged longs are vulnerable to liquidation in the current environment.

SOL Price Indicators, Signals, Graphs and Charts (24h)

The 4-hour Bollinger Bands show a tightening squeeze, and SOL has just closed a candle under the midline, indicating risk of downside expansion. The EMA alignment is beginning to tilt slightly bearish, with price now testing below the 100 EMA.

SOLUSD price dynamics (Source: TradingView)

VWAP analysis shows that SOL is currently trading below its session average of $152.33, adding to the short-term bearish tilt.

The symmetrical triangle and Fib confluence around $150–$152 will likely define the next 24-hour breakout or breakdown move.

SOL Price Prediction: Short-Term Outlook (24h)

As long as SOL remains below $152.50, the near-term structure favors a retest of the $148–$145 support band. Below that, the next downside zone lies at $141.44, which is also the weekly 0.5 Fib level and the base of the larger triangle.

To shift momentum, bulls would need a clean breakout above $154.20, followed by a push toward $160. A reclaim of the 0.236 Fib at $165.88 would be needed to flip the macro structure bullish again.

Given current weakening indicators, traders should monitor for a liquidity sweep below $148 and possible bounce from the $145–$146 demand shelf.

Solana Price Forecast Table: July 5, 2025