Technical Analysis

SOL/USDT

[1D]

June 25

📉 General trend: Moderate bearish

🔹 The price is below the SMA(50), with indicators dominated by bearish signals: MACD in negative crossover, MOM below zero, Parabolic SAR and ADX indicating weakness in momentum.

🔹 However, the TD Sequential at 2 up and a slightly positive CCI could anticipate a technical rebound in formation.

📊 Key Indicators

📌 RSI(14): 45.99 → Neutral, slightly leaning towards oversold

📌 MFI(14): 33.97 → Close to selling pressure zone

📌 CCI(14): 10.45 → Initial momentum without directional clarity

📌 BBands: Normal range → Market without immediate volatility compression or expansion

📌 ATR: 8.86 → Considerable volatility allowing for wide margins for entries and SL

📌 TD Sequential: 2 Up → Potential start of bullish count

🛠️ Technical Strategy and Speculation

🧭 Likely scenario: Lateral movement with slight bearish inclination until testing key support zone. Possible speculative rebound if sustained.

🎯 Take-Profit (TP)

1️⃣ Target 1: 152.80 (technical ceiling and visible volume node)

2️⃣ Target 2: 161.40 (moving average and structural resistance)

3️⃣ Target 3: 171.00 (technical gap and psychological zone)

🛑 Stop-Loss (SL)

🔸 Conservative: 138.40 (relative low and margin below ATR)

🔸 Aggressive: 141.60 (below the minor short-term support)

📌 Key Level to Watch

✔ If the price manages to break and close above the SMA(50) with MACD turning upwards, a technical recovery phase would be confirmed.

📈 Suggested Strategy

📌 Wait for confirmation of rebound with improvement in RSI and breakout of the SAR

📌 Limited speculative entry with staggered TP

📌 Do not leverage aggressively in this bearish lateral context

Remember:

Cryptocurrency trading carries a high risk. (DYOR)

#Analysis_E_tp_sl

vc_custy

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