🔵 $SOL /USDT Daily Analysis – June 9, 2025
Current Price: $151.08 (🔼 +0.92%)
Sentiment: Weak Recovery Attempt, Resistance Ahead
---
📌 Key Observations
1. 📈 EMAs Overview
EMA(7): 152.06 (Currently below) ❌
EMA(25): 158.65 (Further resistance)
EMA(99): 157.69 (Long-term trend down)
➤ SOL is in a short-term downtrend, trying to reclaim EMA(7).
2. 📊 MACD
MACD: -2.00 (Strong bearish zone)
DIF: -3.79 | DEA: -1.79 → Deep in bearish territory
➤ Weak bullish momentum forming, but bears still in control.
3. 📉 RSI (6)
RSI at 38.95 → Near oversold, indicating possible bounce zone.
4. 🔊 Volume
Volume slightly increasing on green candles
Suggests short-term buyer interest, but not enough strength for breakout.
5. Support & Resistance Levels
Resistance: 152.00 → 158.50 → 169.60
Support: 147.80 → 141.40
➤ SOL needs a daily close above 158.5 to flip bullish again.
---
📈 Trading Strategy
🔹 Long Setup (Breakout Reversal)
Entry: On breakout & close above 158.50
Target 1: 169.50
Target 2: 179.00
SL: Below 147.00
🔸 Pullback Buy (High Risk)
Entry: Around 147.00 – 141.50
Target: 158.00
SL: Below 139.00
🔻 Short Setup (Trend Continuation)
Entry: If price fails to break 152.00 and prints red candle
Target: 141.50
SL: Above 154.00
---
⚠️ Risk Notes
RSI still weak — momentum isn't fully back.
MACD deeply bearish — strong caution needed for aggressive long entries.
Ideal to wait for breakout confirmation above EMA(25) or re-entry at stronger support.
---
🟢 Conclusion: SOL is in a weak recovery phase from oversold conditions. Until price clears $158.5, it's still in a bearish structure. Watch for confirmation and volume spikes.
📅 Analysis Date: June 9, 2025 | Chart Source: Binance (1D)
---
🔔 Follow for timely trade ideas |
