SOL Market Trend Analysis 20250610

The hourly trend continues to synchronize with Bitcoin, showing a good upward movement.

The daily line shows a large bullish candle, with trading volume more than twice the average weekend volume, but similar to the average weekday trading volume, which does not indicate a significant increase in volume.

The daily MA30 line is still in a downward trend, and the MACD shows a weakening downward momentum just below the zero line, with the fast and slow lines approaching a golden cross. If a golden cross occurs, there is still room for upward movement.

Currently, the price has risen to around 164, which is the neckline level and also near the daily MA30 line. There will be considerable upward pressure here, and it must break through to continue testing the resistance level at 180.

In the short term, there will be a pullback at the hourly level, targeting around 157, and the trend will follow Bitcoin.

The daily level resistance levels are 164-179-188-196, and support levels are 157-152-140-136-130-125-110.