Chart of the Day - Thursday, July 24, 2025

🏆 Today's Chart of the Day was shared by Aaron Jackson (@RotationReport). 
 

• Bitcoin has traded sideways over the past 10 days, digesting its recent gains and consolidating for the next move. Meanwhile, Solana ($SOL), the sixth-largest cryptocurrency, has jumped +15%. 
   
• Solana has had a wild ride this week. It broke above $180 with authority on Monday before peaking at $205 on Tuesday. After retracing the entire breakout, it found support today right where it all began, at $180.
   
• $180 has been a polarizing level for Solana over the past year, acting as both support and resistance. If it continues to hold, the next logical target is the prior cycle highs at $250. 
   

The Takeaway: Solana successfully retested $180 today, confirming a major breakout from earlier in the week. If $180 continues to hold, this former leader could quickly make up for lost time.