🚀 $SOL Technical Analysis July 19, 2025: PRICE STANDS AT $177.30 WITH MODERATE BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: 177.30 USDT • Moving Averages (MAs) indicate moderate bullish momentum with MA(7) at 176.89, MA(25) at 177.32, and MA(99) at 172.16, showing a slight upward trend. • Volume is solid at 3.15M SOL, reflecting decent trading activity. • MACD shows a neutral trend with DIF at -0.15 and DEA at -0.16, indicating a potential loss of momentum. • RSI values are in a neutral zone, suggesting balanced momentum without overbought conditions.
📊 Important Levels to Watch 🔼 Resistance Levels: 184.67 185.00 190.00 🔽 Support Levels: 174.00 172.63 168.35
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $184.67 ☑️ Entry Point: $184.80 (enter if price breaks above 184.67 with bullish momentum confirmation) 🎯 Price Target: TP1: $185.00 TP2: $190.00 🛑 Stop Loss: $184.20 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 184.67, an increase in volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Reversal below $174.00 ☑️ Entry Point: $173.80 (enter if price drops below 174.00 with bearish momentum confirmation) 🎯 Price Target: TP1: $172.63 TP2: $168.35 🛑 Stop Loss (SL): $174.40 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 174.00, a decline in volume, RSI(6) dropping below 50, and the MACD showing a bearish trend.
📌 Suggestion to Open Positions Today: The current price action shows moderate bullish momentum, but the MACD suggests a potential slowdown. A breakout above $184.67 could signal further upside, while a drop below $174.00 might indicate a reversal. Monitor volume and MACD closely for momentum shifts before entering any positions.
