Aug 05, 2025
Solana Price Holds Gains, but Bitcoin Threatens to Flip the Setup
TLDR: Solana cleared the $166.33 Fibonacci level, putting the trade in profit for short-term holders. Bitcoin weakness is driving cautious trading, with stops moved to protect capital. Key Solana support sits at $156.89, while $220–$227.38 remains the upside target. Traders focus on Bitcoin’s next move to gauge Solana’s short-term price direction. Solana’s swing trade is [...]
The post Solana Price Holds Gains, but Bitcoin Threatens to Flip the Setup appeared first on Blockonomi.
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