The Solana price today is trading around $169.05 following a short-term bounce from key support near $155. Despite climbing over 6% since August began, SOL now faces resistance from a confluence of technical barriers. Price remains below the Supertrend on the 4-hour chart and the 0.382 Fibonacci retracement level from the November–March swing, with $171.40 acting as the next hurdle for bulls. Solana (SOL) Price Forecast Table: August 6, 2025 Indicator / Zone Level / Signal Solana price today $169.05 Resistance 1 $171.12 (4H Supertrend) Resistance 2 $175.80 (CHoCH zone) Support 1 $165.00 Support 2 $161.71 (Parabolic SAR) Support 3 $155.00 (Demand zone) RSI (30-min) 58.57 (Neutral-Bullish) DMI (ADX) 35.75 (Strong trend forming) VWAP $168.51 (price above, neutral bias) Supertrend Bearish under $171.12 Fib 0.382 Level (Weekly) $171.40 Netflow (Aug 5, 05:30) -$9.81M (bearish pressure) What’s Happening With Solana’s Price? SOL price dynamics (Source: TradingView) SOL recently rebounded from a confluence of demand zones between $150 and $155, where the 4-hour chart shows a strong lower boundary of the falling parallel channel. Since then, price has been trading inside a rising short-… The post Solana (SOL) Price Prediction for August 6 appeared first on Coin Edition .
