๐ฎ SOL/USDT Analysis โ June 17, 2025
๐ Current Price: $148.32
24h High: $154.33
24h Low: $145.61
Trend: Sideways-to-Down
Recent Low: $140.21
Volume (24h): Moderate at 3.46M SOL
MA(5): Below MA(10) โ weak short-term trend
๐ Technical Snapshot:
โ Support Found:
Strong bounce from $140.21, which could act as a key support going forward.
โ ๏ธ Resistance Zones:
Faces resistance at $154โ$158 (recent highs).
Has failed to hold above MA levels consistently.
๐ Momentum:
Price is below both MA(5) and MA(10) suggesting bearish to neutral sentiment.
Volume is dropping slightly โ indicating low conviction from bulls.
๐ฎ Next Likely Move for SOL:
ScenarioTriggerTargetProbability๐ฝ Bearish PullbackRejection at $150$143 โ $140 support zoneHigh๐ผ Upside AttemptBreak above $154 + good volume$158 โ $162Mediumโธ Sideways ConsolidationPrice holds $145โ$150Rangebound moveMedium-High
๐ง Strategy Suggestion:
Scalp Traders: Watch for rejection at $150โ154 area to short, target $143.
Swing Traders: Wait for a breakout above $158 with volume for confirmation.
Risk-Averse: Not a strong entry yet. Wait for MA crossover + bullish volume spike.