🚀 $SOL Technical Analysis June 13, 2025: PRICE STANDS AT $142.95 WITH STRONG BEARISH MOMENTUM ⚠️
📊 Market Insight • Current Price: 142.95 USDT • Moving Averages (MAs) indicate a bearish trend. • Volume has surged to 52.081M over the past period, reflecting heightened market activity amid the sharp decline. • MACD shows a bearish. • RSI values are in oversold territory.
📊 Important Levels to Watch 🔼 Resistance Levels: 149.58 155.53 (MA(25) support turned resistance) 159.65 (next psychological resistance from recent levels) 🔽 Support Levels: 140.87 (current price level acting as immediate support) 139.49 (next significant support) 135.00
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $149.58 ☑️ Entry Point: $150.00 (enter if price breaks above 149.58 with bullish momentum confirmation) 🎯 Price Target: TP1: $155.53 TP2: $159.65 🛑 Stop Loss: $148.50 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 149.58, a surge in volume, RSI(6) rising above 30, and a MACD bullish crossover with DIF continuing to rise above DEA.
🐻 Bearish Trade Setup: Breakdown below $140.87 ☑️ Entry Point: $140.50 (enter if price breaks below 140.87 with bearish momentum confirmation) 🎯 Price Target TP1: $139.49 TP2: $135.00 🛑 Stop Loss (SL): $141.50 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 140.87, a decline in volume, RSI(6) remaining below 30 (oversold territory), and the MACD showing a bearish trend with DIF dropping below DEA.
📌 Suggestion to Open Positions Today: A bullish setup could be considered if the price breaks above $149.58 with strong confirmation from volume and indicators, suggesting a potential reversal. For bearish traders, a breakdown below $140.87 could offer a short-term entry, though the oversold RSI suggests caution for further downside. Tight stop losses are highly recommended.
