Technical Analysis: SOL/USDT (4H Chart)

1. Current Price Action

Current Price: $154.46 (+2.09%)

24h Range: $147.88 – $154.75

Recent Low: $141.53 (on June 5, 2025)

Recent High: $163.64 (on June 4, 2025)

Solana (SOL) has rebounded sharply from its recent local bottom at $141.53, indicating a strong bullish reaction. It is now testing previous support-turned-resistance zones around the $154–$155 area.

2. Moving Averages (MA)

MA(7): $151.21 (short-term bullish)

MA(25): $150.32

MA(99): $162.18

The short-term moving averages (MA 7 and MA 25) have crossed to the upside, indicating a potential short-term bullish reversal. However, the MA(99) remains above the current price, suggesting that the medium-term trend is still bearish, and the pair needs to break above ~$162 to confirm a full reversal.

3. Volume Analysis

Volume spike observed on the recent bullish candle (June 8), indicating strong buyer interest.

Prior to that, volume was declining — the breakout is more significant given it happened on increased volume.

This suggests that buyers are stepping in after a period of consolidation and accumulation.

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4. Trend & Candlestick Pattern

The chart shows a classic double-bottom structure with the low at $141.53, a bullish reversal pattern.

The break above recent consolidation (resistance at ~$151) confirms a short-term breakout.

If momentum continues, the next target is the resistance zone at ~$163, followed by the MA(99) at $162.18, which may act as a strong barrier.

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5. Performance Summary

Période Performance (%)

Aujourd'hui +2.93%

7 jours -1.27%

30 jours -6.04%

90 jours +22.04%

180 jours -28.67%

1 an -4.95%

Although the 90-day performance is strongly positive, the 180-day trend is significantly negative, confirming that SOL is still recovering from a broader downtrend.

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6. Key Levels to Watch

Level Type Price

Immediate Support $151.00

Local Support $146.00

Strong Support $141.50

Resistance 1 $154.75

Resistance 2 $163.64

Critical MA $162.18 (MA 99)

Conclusion & Strategy Suggestion

Bias: Cautiously Bullish (short term)

Entry Consideration