$SOL Technical Analysis April 15, 2025 - Tight Pressure for a BIG MOVE? 🚀
Good morning everyone! Wish you guys a great day!
📊 Market Overview:
1️⃣ Current Price : $131.02
Solana recently rejected from the $134 key resistance, forming a minor lower high on the 4H chart.
2️⃣ Volume is slightly declining, suggesting a potential squeeze before the next breakout. RSI hovering near 50 — showing indecision, but hidden bullish divergence may be forming.
3️⃣ Price is still trading above the 200 EMA, which acts as dynamic support. A break above $132 with volume could signal a new bullish leg.
💡 TRADE PLAN
🐂 Bullish Setup:
✔ Entry Point: above $131.5 - 132 (BREAKOUT CONFIRMATION)
🎯 Price Targets:
TP1: $134.80
TP2: $136.50
🛑 Stop-Loss: $129.9
🐻 Bearish Setup:
✔ Entry Point: below $127.6 (SUPPORT BREAKDOWN)
TP1: $126.50
TP2: $124.80
🛑 Stop-Loss: $130
💡 PRO TIPS
Max Leverage: 13x, 5x is recommended - the market is still very choppy!
💡 MOMENTUM OUTLOOK
SHORT TERM: Neutral to Bullish bias with potential squeeze above $133
LONG TERM: Bullish above $141.50 — could target $150 zone
💡FINAL THOUGHTS
Solana is approaching a breakout point. Price action is tight, and a move is brewing. Patience will pay off — wait for confirmation before jumping in!
