Date: July 3, 2025
Timeframe: 4H Chart
#Binance
#crypto
#bitcoin
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#cryptotrading
$SOL
$BTC
$ETH
๐ Market Overview:
Solana (SOL) has shown strong bullish momentum over the past week, rebounding from a local low of $126 on June 24 to reach $160, reflecting a +20% surge. After consolidating around the $150 zone, SOL has confirmed a Golden Cross, signaling the possibility of a continued uptrend.
๐ Chart Summary:
Current Price: $155.18
Recent Low: $126.00 (Jun 24)
Trend: Bullish
Bounce Strength: +20.3% from lows
MA Crossover:
MA(7): $147.50 โ
MA(25): $145.29 โ
MA(99): $153.78 โ
๐ Technical Insights:
Golden Cross Detected: MA(7) has crossed above MA(25) and MA(99) โ a classic bullish setup.
Clear Market Structure: Formation of higher-lows and higher-highs indicates strength.
Volume Confirmation: Rising volume on the breakout above $148 supports bullish pressure.
๐ฏ Trading Plan:
โ Entry Zone:
$150 โ $153 (retest entry preferred)
๐ฏ Targets:
Target 1: $162
Target 2: $170
Target 3: $178 (mid-term swing)
๐ก๏ธ Stop Loss:
$145 (below previous swing low)
๐ Strategy Outlook:
If SOL holds above the $150 support and maintains bullish momentum, a clean breakout towards the $162โ$170 zone is likely. The overall structure suggests a healthy pullback was completed, and volume expansion supports a continuation move.
๐ Note: Always manage risk. Crypto markets are volatile. Use tight stop-losses and avoid emotional trading.
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