Technical analysis by Trade_Hive_Signals about Symbol SOL on 8/4/2025

SOL is in a squeeze phase: the price is holding above $163, but meets resistance around $183-186. Indicators show neutral, slightly weak momentum. A break above $186 with increasing volumes will open up potential at $190+; a break below $178 will lead to a deeper correction to $171-170. Until then, it is worth watching the 20-d EMA hold and reactions to it.