🚀 $SOL Technical Analysis August 14, 2025: PRICE STANDS AT $196.34 WITH NEUTRAL MOMENTUM 📊
📊 Market Insight
• Current Price: $196.34 USDT
• Moving Averages (MAs) indicate a bullish trend with EMA(7) at 200.58, EMA(25) at 191.78, EMA(99) at 180.42, and EMA(200) at 175.44, showing price slightly below EMA(7) but above longer EMAs.
• Volume is notable at 8.81M SOL (1.77B USDT), with a 24h change of -0.20% reflecting a slight pullback in market interest.
• MACD shows a neutral trend with DIF at 6.53, DEA at 5.92, and MACD at 0.61, indicating a potential slowdown in bullish momentum.
• RSI values suggest a neutral zone, with RSI(6) at 44.25, indicating balanced momentum with no overextension.
📊 Important Levels to Watch
🔼 Resistance Levels:
$202.57
$209.86
$215.00
🔽 Support Levels:
$183.72
$174.29
💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $202.57
☑️ Entry Point: $203.10 (enter if price breaks above $202.57 with bullish momentum confirmation)
🎯 Price Target:
TP1: $209.86
TP2: $215.00
🛑 Stop Loss: $201.50 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above $202.57, increasing volume, RSI(6) rising above 50, and MACD turning bullish.
🐻 Bearish Trade Setup: Drop below $183.72
☑️ Entry Point: $183.20 (enter if price falls below $183.72 with bearish momentum confirmation)
🎯 Price Target:
TP1: $174.29
🛑 Stop Loss: $184.50 (above the support level)
⚠️ Confirmation: Watch for a strong bearish candle close below $183.72, declining volume, RSI(6) dropping below 40, and MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today:
The current price action shows a slight decline with neutral momentum. A breakout above $202.57 could resume bullish trends, while a drop below $183.72 might signal a deeper pullback. Monitor volume and RSI for confirmation before entering positions.
