📍#solana Technical Analysis (2025/06/23)

The short-term has completed the best accumulation area for longs, pay attention to intraday bearish aftershocks and the strength boundary of bulls!

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【1W】

Trend: Weekly bullish retracement is completed, price touches the best accumulation point for longs after forming a long lower shadow, RSI rebounds showing buying attempts, DMI -DI slightly dominates, but bulls are expected to hold.

🔹 Long Position Information:

🛑 Stop Loss: 95.26 (turn bearish if broken)

🟢 Accumulate Long: 130.58✅, 115.04

🚀 Breakout Accumulate Long: 187.71

🎯 Take Profit: 244.84, 337.29, 429.74

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【1D】

Trend: Daily bearish has formed, EMA9/21 crosses down, Bollinger Bands open downwards, no obvious retracement has appeared yet.

🔻 Short Position Information:

🛑 Move Stop Loss: 158.8 (turn bullish if broken)

🟢 Accumulate Short: 139.70, 146.27, 151.78, 153.47

🚨 Breakout Accumulate Short: 126.00

🎯 Take Profit: 122.81, 94.66, 66.51

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【4H】

Trend: 4-hour bearish is established, RSI close to 30 is short-term oversold, MACD negative value is flattening, need to be cautious of a technical rebound.

🔻 Short Position Information:

🛑 Move Stop Loss: 143.00 (turn bullish if broken)

🟢 Accumulate Short: 136.51, 139.36, 142.35

🚨 Breakout Accumulate Short: 126.00

🎯 Take Profit: 122.81, 94.66, 66.51

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【1H】

Trend: 1-hour short position TP1 and stop loss have been cleared, consolidating bias towards long, EMA9/21 may golden cross, waiting for bullish continuation or bearish restart.

🔹 Long Position Information:

🛑 Stop Loss: 126.00 (turn bearish if broken)

🟢 Accumulate Long: 129.29, 128.72, 127.84, 126.72

🚀 Breakout Accumulate Long: 137.62

🎯 Take Profit: 139.95, 148.57, 157.19

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【Strategy Summary】

Trading Suggestions:

1. Weekly retracement has been completed, pay attention to the support strength at 130.58;

2. Daily and 4H are bearish, it is recommended to short in batches based on the rebound rhythm in the 139.7–151.8 range, strictly adhere to a stop loss at 143;

3. If 1H stabilizes above EMA9/21 and breaks 137.62, short-term can turn bullish, and move the stop loss to 127.84;

4. Strictly execute stop losses and move stop losses, wait for the bullish and bearish trends to become clear before adding positions.