Technical analysis by JustaTechGuy about Symbol SOL on 7/7/2025

Hi dear friends and followers, I suspect this inverted head and shoulders pattern with a neckline around 160 usd. If it breaks in, it can go down toward the inferior support level around 130 usd and the 0.618 Fibo. If it breaks out it can go up until the next resistance and psychological level of 200 usd. As you can see, this 200usd resistance level does match with a large ascending channel. You all need to DYOR and keep an eye on RSI and volume to confirm the movement and take a trade. Wishing you the best and success on your decision.Neckline reached, resistance is about to be tested, let's see...Trade closed, target reached arount 184 usd which approximatively the lenght of the pattern