🚀 $SOL Technical Analysis June 07, 2025: PRICE STANDS AT $150.49 WITH MIXED MOMENTUM ⚠️

📊 Market Insight
• Current Price: 150.49 USDT
• Moving Averages (MAs) show a mixed trend.
• Volume has increased slightly, showing moderate market activity.
• MACD is nearly neutral.
• RSI values are in neutral territory, indicating no extreme overbought or oversold conditions.

📊 Important Levels to Watch
🔼 Resistance Levels:
151.10
154.61 (recent high)
156.21 (next psychological resistance)
🔽 Support Levels:
145.99 (recent low)
141.53 (significant support from prior drop)
140.00 (psychological support)

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $151.10
☑️ Entry Point: $151.50 (enter if price breaks above 151.10 with bullish momentum confirmation)
🎯 Price Target:
TP1: $154.61
TP2: $156.21
🛑 Stop Loss: $150.50 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 151.10, an increase in volume, RSI(6) rising above 70, and a MACD bullish crossover with DIF moving above DEA.

🐻 Bearish Trade Setup: Breakdown below $145.99
☑️ Entry Point: $145.70 (enter if price breaks below 145.99 with bearish momentum confirmation)
🎯 Price Target
TP1: $141.53
TP2: $140.00
🛑 Stop Loss (SL): $146.50 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 145.99, sustained high volume, RSI(6) falling below 30 (into oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.

📌 Suggestion to Open Positions Today:
With neutral RSI values and a stabilizing MACD, suggests a potential consolidation phase. The slight uptick in volume and the proximity to the $151.10 resistance level indicate a possible bullish move if momentum builds. However, the longer-term MA(99) suggests caution. Traders should wait for a clear breakout above $151.10 for a bullish setup or a breakdown below $145.99 for a bearish move. Use tight stop losses to navigate this volatile period.

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