🚀 $SOL Technical Analysis July 28, 2025: PRICE STANDS AT $188.35 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: $188.35 USDT • Moving Averages (MAs) indicate a bullish shift with MA(7) at $189.73, MA(25) at $186.05, and MA(99) at $179.18, showing price near short-term MAs. • Volume is significant at 3.7M SOL (717.72M USDT), with a recent increase suggesting growing buying pressure. • MACD shows a bullish trend with DIF at 0.97 and DEA at 0.38, indicating potential momentum. • RSI values suggest a neutral zone, with RSI(6) at 46.18, indicating room for further movement.
📊 Important Levels to Watch 🔼 Resistance Levels: $189.73 $197.18 $206.30 🔽 Support Levels: $186.05 $179.18 $174.80
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Reversal above $189.73 ☑️ Entry Point: $189.90 (enter if price breaks above $189.73 with bullish momentum confirmation) 🎯 Price Target: TP1: $197.18 TP2: $206.30 🛑 Stop Loss: $189.30 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $189.73, an increase in volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Breakdown below $186.05 ☑️ Entry Point: $185.80 (enter if price drops below $186.05 with bearish momentum confirmation) 🎯 Price Target: TP1: $179.18 TP2: $174.80 🛑 Stop Loss: $186.50 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below $186.05, a decline in volume, RSI(6) dropping below 50, and the MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action reflects bullish momentum with a 1.73% rise and a potential MACD shift. A breakout above $189.73 could lead to further gains, while a drop below $186.05 might signal a reversal. Monitor RSI for overbought conditions and volume for momentum shifts before entering positions.
