Solana News Today: Solana (SOL) Dips 12.66% to $182.20 as Technical Indicators Signal Bearish Divergence Amid Key Support Defense

Solana (SOL) price has retreated to $182.20 as of July 25, 2025, following a sharp decline from its July 21 peak of $208.60. The recent rally, driven by a double-cup breakout pattern on the daily chart, has stalled, with technical indicators signaling waning momentum and bearish divergence on lower timeframes. Buyers are now defending a critical support zone between $181 and $183, which aligns with the 50-day exponential moving average (EMA) and key breakout retest levels. A breakdown below this range could trigger further downward pressure toward $174.52 and $165.64, while a successful hold would reinforce the broader bullish structure [1].

The price action reflects a corrective phase within an ascending channel established in late June, with the current level near the channel’s midline. The 4-hour chart shows the price pressing against the lower Bollinger Band and trading below the 20 and 50 EMAs. The 50 EMA itself resides at $183.75, acting as an immediate support. On the daily chart, the Supertrend indicator remains bearishly flipped at $200.93, but the overall trendline from the breakout structure remains intact. A deeper retracement toward the $165 neckline, a key level for the double-cup pattern, would not invalidate the long-term bullish case but would reset short-term gains [1].

Short-term bearish pressure is reinforced by on-chain data. A net capital outflow of $58.95 million on July 24 highlights profit-taking across major exchanges, while the 30-minute RSI has fallen to 31.36, indicating an oversold condition. However, this follows a bearish divergence from the July 22 peak, suggesting momentum peaked earlier. The MACD histogram remains bearish on both 30-minute and 4-hour timeframes, with a red signal line crossover favoring downward continuation unless SOL breaks back above $190. Meanwhile, the Directional Movement Index (DMI) shows fading bullish momentum, with +DI (34.43) approaching -DI (33.99) and the ADX below 15, reflecting weakening trend strength [1].

The 24-hour outlook hinges on Solana’s ability to hold the $181–$183 support zone. A breakdown would likely accelerate the decline toward $175, with a critical confluence of support at $165 aligning with the daily trendline and neckline breakout level. A successful rebound, characterized by volume-driven recovery to the $188–$190 range, could reignite upward momentum toward $190.75, $196, and the $200.93 Supertrend level. Market participants are advised to monitor RSI recovery, MACD histogram flattening, and potential capital inflows in the next session for clues about the price’s next move [1].

Key resistance and support levels for July 25 include $190.75, $200.93, and $183.00 as immediate hurdles. The broader technical picture remains mixed: while the daily trendline supports bulls, the current pullback tests critical liquidity pockets between $178 and $182. A decisive move beyond these ranges will determine whether the recent correction is a temporary setback or a precursor to a larger consolidation phase.

Source: [1] [Solana (SOL) Price Prediction for July 25] [https://coinedition.com/solana-sol-price-prediction-for-july-25-2025/]