🚀 $SOL Technical Analysis August 12, 2025: PRICE STANDS AT $181.89 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: $181.89 USDT • Moving Averages (MAs) indicate a bullish trend with EMA(7) at 178.16, EMA(25) at 177.96, and EMA(99) at 175.12, showing price above all key EMAs. • Volume is robust at 3.52M SOL (622.37M USDT), with a 1.15% increase, reflecting sustained market interest and bullish activity. • MACD shows a neutral to bullish trend with DIF at -0.66, DEA at -1.41, and MACD at -0.75, indicating potential for bullish momentum to resume. • RSI values suggest a neutral zone, with RSI(6) at 64.21, indicating strong bullish momentum with room for growth.
📊 Important Levels to Watch 🔼 Resistance Levels: $186.80 $190.00 $195.00 🔽 Support Levels: $178.16 $175.12
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $186.80 ☑️ Entry Point: $187.20 (enter if price breaks above $186.80 with bullish momentum confirmation) 🎯 Price Target: TP1: $190.00 TP2: $195.00 🛑 Stop Loss: $186.00 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $186.80, increasing volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Drop below $178.16 ☑️ Entry Point: $177.80 (enter if price falls below $178.16 with bearish momentum confirmation) 🎯 Price Target: TP1: $175.12 🛑 Stop Loss: $178.50 (above the support level) ⚠️ Confirmation: Watch for a strong bearish candle close below $178.16, declining volume, RSI(6) dropping below 50, and MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action shows bullish momentum with a 1.15% increase and RSI(6) in a strong neutral zone. A breakout above $186.80 could drive further gains, while a drop below $178.16 might signal a pullback. Monitor volume and RSI for confirmation before entering positions.
