📍#SOL Technical Analysis (2025/07/06)
SOL is consolidating around $147–148. Both medium and long-term charts favor bears. Key support and resistance levels are outlined below to guide your trades.
---
Period: 1H
Trend: Consolidation. EMA9/21 are intertwined near the 200 EMA, and Bollinger Bands are tightening. Volume is muted; awaiting a clear breakout.
🔹 Long Position Info:
🛑 Stop Loss: 146.26 (break shifts to bearish)
🟢 Add Long: 146.26 (not triggered)
🚀 Breakout Entry: 161.63
🎯 Take Profit: 161.63, 170.35
🔻 Short Position Info:
🛑 Stop Loss: 161.63 (break shifts to bullish)
🟢 Add Short: 152.00 (not triggered)
🚨 Breakdown Entry: 137.74
🎯 Take Profit: 137.74, 122.17
---
Period: 4H
Trend: Small Bear. EMA9 crossed below EMA21 and price trades below the 200 EMA. A breakdown of 161.63 failed to reclaim; the bias remains bearish.
🔻 Short Position Info:
🛑 Stop Loss: 161.63 (break shifts to bullish)
🟢 Add Short: 146.26 (triggered)
🚨 Breakdown Entry: 137.74
🎯 Take Profit: 122.17, 113.65
---
Period: 1D
Trend: Small Bear. Daily EMA9/21 are in a death cross below the 200 EMA, unable to hold above 168.71. The bear structure is intact.
🔻 Short Position Info:
🛑 Stop Loss: 173.45 (break shifts to bullish)
🟢 Add Short: 147.26 (triggered)
🚨 Breakdown Entry: 131.09
🎯 Take Profit: 131.09, 107.36
---
Strategy Summary
Recommendations:
1. On the 1H, consider small longs around $146.26 with a strict stop; add more on a decisive break above $161.63.
2. Both 4H and daily charts are bearish—if $146.26 fails, scale into shorts with stop at $161.63; target 137.74/122.17 on the 4H and 131.09/107.36 on the daily.
3. If price reclaims $161.63, the bias may shift neutral-to-bullish, and you should pause short positions.
4. Use strict stop losses, scale in positions, and trade with the prevailing trend. Patience is key for confirmation.
