Technical analysis by trading_mura about Symbol SOL on 8/5/2025

Price is currently testing the weekly pivot point, but significant resistance remains overhead. We could see a fake breakout of the descending channel before a true downside move materializes. Key Levels & Scenarios: Primary Target: $136-146 range Bullish Invalidation: A confirmed break & hold above $182 would shift bias, opening path to $200 Until we clear $182 decisively, the structure remains bearish. Trade the ranges carefully.