SOL Market Trend Analysis 20250618

The hourly trend follows Bitcoin, lacking its own independent market.

The daily chart shows a bearish candle with upper and lower shadows, and the trading volume is basically flat compared to the previous day, showing neither an increase nor a decrease.

The daily MA30 line is still in a downward trend, so the current rise is still a rebound rather than a reversal. The daily MACD is entangled near the zero line without a clear direction.

In the short term, the daily trend still depends on Bitcoin's movement: if Bitcoin falls, SOL will fall; if Bitcoin rises, SOL will rise.

Short-term swing trades can be executed at the daily support and resistance levels, while at the daily support level, one can buy spot in batches to prepare for the upcoming rise at the end of the bull market.

Daily resistance levels are 156-165-177, and support levels are 142-134-120-110.