🚀 $SOL
Technical Analysis – April 25, 2025: Bullish Continuation in Play 🔥
📊 Market Snapshot
Current Price: $151.03 USD
Technical indicators point to strong bullish momentum. The ADX is at 100, confirming trend strength, while the RSI at 76.32 indicates overbought conditions—so proceed with caution.
📌 Key Levels to Watch
Support: A dip toward the $148–$150 range could present a good buying opportunity. A decisive drop below $147 might signal a short-term downtrend.
Resistance: If momentum holds, the next target zone is $160–$170.
---
💡 Trade Setups
🐂 Bullish Scenario
Entry Zone: $153–154 (wait for breakout confirmation with volume + RSI)
Breakout Level: $153.2–$155
Targets:
TP1: $158.8
TP2: $162.5
Stop Loss: $150.9
Rationale: A breakout above the $153.2–$155 zone confirms bullish control, ending the sideways movement between $149–$154.
---
🐻 Bearish Scenario
Entry Zone: Below $148
Key Breakdown Level: $147.3–$148
Targets:
TP1: $146
TP2: $143 (break below long-term trendline)
Stop Loss: $150
Rationale: A breakdown here could form a Double Top—a bearish pattern likely to increase selling pressure.
---
⚠️ Trading Tips
Monitor price action along the 4H chart’s ascending trendline
Wait for clear breakout/breakdown signals
Use low leverage: recommended 5x, max 13x
