🚀 $SOL Technical Analysis June 14, 2025: PRICE STANDS AT $146.62 WITH CAUTIOUS OPTIMISM 🌱

📊 Market Insight
• Current Price: 146.62 USDT
• Moving Averages (MAs) show a mixed trend.
• Volume has surged, reflecting heightened buying interest amid the price bounce from $140.21.
• MACD shows a potential bullish crossover.
• RSI values are in neutral territory .

📊 Important Levels to Watch
🔼 Resistance Levels:
148.83 (immediate resistance)
158.82 (near 24-hour high)
167.44 (previous high resistance)
🔽 Support Levels:
140.21 (recent low acting as immediate support)
138.84 (next significant support)
135.00 (psychological support)

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $148.83
☑️ Entry Point: $149.00 (enter if price breaks above 148.83 with bullish momentum confirmation)
🎯 Price Target:
TP1: $158.82
TP2: $167.44
🛑 Stop Loss: $147.50 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 148.83, a surge in volume, RSI(6) rising above 50, and a MACD bullish crossover with DIF continuing to rise above DEA.

🐻 Bearish Trade Setup: Breakdown below $140.21
☑️ Entry Point: $139.80 (enter if price breaks below 140.21 with bearish momentum confirmation)
🎯 Price Target
TP1: $138.84
TP2: $135.00
🛑 Stop Loss (SL): $141.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 140.21, a decline in volume, RSI(6) dropping below 30, and the MACD showing a bearish trend with DIF dropping below DEA.

📌 Suggestion to Open Positions Today:
A bullish setup could be considered if the price breaks above $148.83 with strong confirmation from volume and indicators, suggesting a potential reversal. For bearish traders, a breakdown below $140.21 could offer a short-term entry, though the recent volume spike and neutral RSI suggest caution for further downside. Tight stop losses are highly recommended.

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