Technical analysis by ScottMelker about Symbol SOL: Buy recommendation (8/7/2025)

Solana look ready to rip. As you can see, we had a golden cross between the 50 MA and 200 MA (which I shared at the time), which is now acting as clear support on the last few daily candles. Price appears to be leaving the station. It may not be full blown alt season, but it looks good for major with a narrative.