Technical analysis by crypto_vulture_signals about Symbol SOL: Buy recommendation (7/3/2025)

Solana (SOL) has broken out of its falling channel on the daily timeframe, indicating a potential trend reversal. After the initial breakout, SOL made a successful retest of the channel. However, it faced rejection at the 200 EMA, which is now acting as a critical resistance level.Currently, SOL is attempting a second retest of the 200 EMA. If it breaks and holds above this dynamic resistance, we could see a swift move toward the next major target at $180, with potential to eventually revisit the previous all-time high near $260.Supporting the bullish outlook:📈 RSI is showing bullish divergence, confirming upward momentum.📊 Price action is forming higher lows, establishing a clean uptrend structure.🔍 Key level to watch: $156 resistance. A daily close above this could confirm the next leg up.📌 Key Levels:Resistance to break: $156Short-term target: $180Extended target: $260EMA to watch: 200 EMA (Daily)