📍#solana Technical Analysis (June 6, 2025)
SOL shows continued bearish momentum — bulls losing final ground. This zone is the key decision point ✅
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【1D – Daily】
Trend: Bearish continuation, though pattern remains weak → risk of fake breakdown. Bulls defending 146.8 key support.
🔺 Short Setup:
🛑 Trailing stop: 163.64
📌 Pullback entries: 151.8, 155.19, 158.91
🚨 Breakdown short: 140.32
🎯 Targets: 127.65, 90.53, 53.41
🔹 Long Setup (countertrend):
🛑 Stop loss: 140.32
🟢 Buy-the-dip: 146.8 ✅
🚀 Breakout long: 187.71
🎯 Targets: 217, 264, 311
📌 Commentary:
MACD bearish with widening spread. ADX rising. Downside could accelerate if support breaks.
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【4H – 4-Hour】
Trend: Bearish with no sign of pullback yet. If bounce occurs, resistance zone around 155–159 should be watched.
🔺 Short Setup:
🛑 Stop loss: 163.64
📌 Pullback: 151.81, 155.19–155.96, 158.91
🚨 Breakdown short: 148.54 ✅
🎯 Targets: 127.87, 105.76, 83.65
📌 Commentary:
Momentum to the downside remains strong. Hold shorts and trail your stops.
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【1H – 1-Hour】
Trend: Bearish breakout confirmed, TP1 hit, oversold and diverging → consider managing stops.
🔺 Short Setup:
🛑 Trailing stop: 154.41
📌 Pullback: 146.22, 146.8, 148.23
🚨 Breakdown short: 141.53
🎯 Targets: 148.27 ✅, 138.77, 129.27
📌 Commentary:
Oversold but not reversing yet. Use trailing protection if holding shorts.
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【Multi-Timeframe Summary】
📉 Daily: Bearish → key zone 146.8
⚠️ 4H: No pullback yet → watch 155–159 if bounce
📉 1H: Oversold & TP1 hit → manage active shorts