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SOL news update: Bullish chart setup trumps Solana ETF delay

09.07.2025
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SOL news update: Bullish chart setup trumps Solana ETF delay
SOL’s chart projects further upside despite the SEC delaying a decision on a Solana ETF approval.
SOL’s narrowing range screams 'big move incoming'. Bulls are scooping up every dip, eyeing that juicy upside breakout.
Fidelity’s Solana ETF hit a speed bump—SEC wants your hot takes in 21 days. But hey, delays mean they’re at least looking, right? Bloomberg’s ETF whisperer Seyffart calls it 'expected' and kinda positive.

SOL price prediction

Solana’s playing hard to get with the 50-day SMA ($154). Bears are guarding it like their last bag, but bulls aren’t backing down.
Break above $159? Sky’s the limit—$168, then $185. Drop below $144? Oof, it’s a slide to $137, maybe $130. Choose your fighter.
4-hour chart’s got a bearish descending triangle. Break below $144, and it’s panic time. But bulls are eyeing that downtrend line break to flip the script.
Inverse head-and-shoulders on the horizon? A close above $159 could send SOL mooning to $192. Buckle up.
Disclaimer: Not financial advice. DYOR—unless you enjoy reckless decisions.
#XRP and SOL ETF#SEC#Bull market#Cryptocurrency market#Technical analysis
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