Solana News Today: Solana Hovers Near $174 as Key Support and Resistance Levels Define Near-Term Outlook

Solana (SOL) is currently trading near $174.05 on August 13, 2025, after failing to maintain gains above $180. The price has settled within a symmetrical triangle pattern on the daily chart, formed by a descending resistance from the November 2024 high and an ascending support trendline from April 2025. Analysts are closely watching whether the price can hold near the $171–$172 support level, as a breakdown could lead to further downward pressure [1].

The technical structure shows key Fibonacci retracement levels at $171.38 (0.382) and $196.00 (0.5) as immediate support and resistance, respectively. The EMA20 and EMA50 on the 4-hour chart are currently at $177.90 and $175.83, while the EMA100 is at $174.96 and the EMA200 at $172.28. The Keltner Channel midline sits at $177.90 with upper resistance near $185.47. On the 30-minute RSI, the indicator is at 35.98, signaling short-term oversold conditions [1].

Smart Money Concepts (SMC) analysis highlights key supply and demand zones. The supply zone is located between $196–$200, while the demand zone is at $160–$162. A recent Break of Structure (BOS) occurred after the price reclaimed $160 in July before facing rejection near $200 [1]. Spot netflow data shows a mild accumulation of $525.69K over the past 24 hours, indicating limited but present buying interest [1].

From a broader perspective, the VWAP (session) at $175.49 acts as immediate resistance. As the price remains below this level, it suggests that selling pressure is still dominant in intraday trading. Analysts have noted that a retest of $171.38 could determine the next phase of the price action. If this level is breached, the price may move toward $162 and potentially $142.05 [1].

For the next 24 hours, Solana’s price is expected to remain within the $171–$180 range. A breakout above $180 with significant volume could see the price move toward $185.50 and eventually test $196. Conversely, a drop below $171 may trigger a decline toward $162 and possibly $160, which is a key level from earlier in July [1].

Analysts remain cautious, with some predicting a trading range between $165 and $215 for August, assuming no major disruptions [8]. A more bullish view suggests the price could reach $250 if institutional inflows continue and market conditions remain stable [6]. However, others are bearish, noting that a rival project recently raised $1.1 million in 24 hours, indicating a potential shift in market attention [3].

Whale activity has also drawn attention, with $40 million in SOL moved to exchanges ahead of the upcoming CPI inflation report, which may signal increased volatility [4]. Mitrade projected a more aggressive $300 target for SOL by the end of the week if the bullish trend continues [5], but this remains speculative without confirmation of actual trading behavior.

In summary, Solana’s price outlook for August 13 remains mixed, with key technical levels and market sentiment determining the near-term direction. While some forecasts suggest a modest upward bias, others highlight the risks of a bearish breakout. The price will likely remain range-bound unless there is a strong move either above $180 or below $171.

Source: [1] Solana (SOL) Price Prediction for August 13 (https://coinedition.com/solana-sol-price-prediction-for-august-13-2025/)

[2] Solana Price Prediction: Analysts Target Only $200 for SOL In August As Remittix Closes In On First CEX Reveal (https://coincentral.com/solana-price-prediction-analysts-target-only-200-for-sol-in-august-as-remittix-closes-in-on-first-cex-reveal/)

[3] Solana Price Prediction: Experts Predict Bearish August for SOL While Rival Raises $1.1M in 24 Hours (https://www.msn.com/en-za/news/other/solana-price-prediction-experts-predict-bearish-august-for-sol-while-rival-raises-1-1m-in-24-hours/ar-AA1KmFMu?ocid=finance-verthp-feeds)

[4] Solana (SOL) Price Prediction: Whales Move $40 Million to Exchanges Before CPI Inflation Report (https://coincentral.com/solana-sol-price-prediction-whales-move-40-million-to-exchanges-before-cpi-inflation-report/)

[5] Solana Price Prediction: SOL Bulls Chase $200 While... (https://www.mitrade.com/insights/news/live-news/article-3-1031535-20250812)

[6] Solana Price Prediction: SOL Eyes $250 Breakout But RTX Could Blow It Out Of The Water (https://blockchainreporter.net/solana-price-prediction-sol-eyes-250-breakout-but-rtx-could-blow-it-out-of-the-water/)

[8] Solana Price Prediction 2025, 2026 – 2030: SOL... (https://coinpedia.org/price-prediction/solana-sol-price-prediction/)