Technical analysis by trading_mura about Symbol SOL on 7/29/2025

Last week SOLUSDT played out perfectly according to our orange scenario. Currently, we're in a correction phase, trading below the key weekly reversal level at $190 Key Observations: Bullish divergence forming on the hourly chart But 4-hour chart shows further downside potential Critical Levels: Break above weekly pivot + trendline → Targets $220 Failure to reclaim above hourly MAs → Opens path to $160 Trade carefully - this could go either way