šļø Date: July 8, 2025
š Current Price: $148.68
š 24h Change: -2.25%
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š Key Technical Observations:
šø Moving Averages (EMA):
EMA(7): $149.27 ā Price below, short-term momentum weakening.
EMA(25): $149.26 ā Price below, medium-term trend at risk.
EMA(99): $153.49 ā Price well below, long-term resistance intact.
š§ Interpretation: SOL is trapped just below short- and medium-term moving averages, showing signs of consolidation or a potential breakdown if support fails.
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šø Support & Resistance Levels:
š¼ Immediate Resistance: $149.27ā$149.50 (EMA7 & EMA25)
š¼ Major Resistance: $153.49 (EMA99 & previous swing high)
š½ Immediate Support: $147.70 (24h low)
š½ Key Support Zone: $142.50ā$140.00 (recent local lows)
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šø Volume Analysis:
Daily Volume: ~2.21M SOL ā Moderate ā no extreme buying or selling pressure.
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šø Momentum Indicators:
RSI(6): 49.05
⤠Neutral ā hovering at midline, suggesting indecision.
Stoch RSI:
StochRSI: 66.03
MA StochRSI: 70.20
⤠Moderate ā not overbought, but losing upward momentum.
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š SOL Price Outlook (Short-Term):
ā Bullish Bias If:
SOL reclaims and holds above $149.50, then targets:
T1: $151.84
T2: $153.49
T3: $158.00
ā Bearish Bias If:
SOL falls below $147.70, then likely to test:
T1: $145.00
T2: $142.50
T3: $138.00
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š” SOL/USDT Trade Plan
š¢ Scenario 1: Breakout Long Trade
Trigger: Close above $149.50 with strong green volume
Entry: $149.60ā$150.00
Targets:
šÆ T1: $151.84
šÆ T2: $153.49
šÆ T3: $158.00
Stop-loss: $146.50
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š” Scenario 2: Support Bounce Entry
Trigger: Bounce off $147.70 (24h low support)
Entry: $148.00ā$148.20
Targets:
šÆ T1: $149.50
šÆ T2: $151.00
Stop-loss: $145.50
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š“ Scenario 3: Breakdown Short Trade
Trigger: Close below $147.70 with strong red volume
Entry: $147.50ā$146.50
Targets:
šÆ T1: $145.00
šÆ T2: $142.50
Stop-loss: $150.00
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ā ļø Risk Management Notes:
Price is tightly consolidating near key EMAs ā wait for confirmation before entering.
Watch $147.70 closely ā this support level is critical to hold the structure.
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ā Conclusion:
SOL is in a tight range below $149.50 resistance and above $147.70 support. A breakout above $149.50 signals upside; a break below $147.70 could trigger further downside.
Trade from here š $SOL
š² Click on Trade Now after your scenario confirms!