#Analysis of the SOL/USDT Pair
4h
June 13
According to available data and expert analysis as of June 13, 2025, Solana (SOL) has experienced a period of volatility.
* Current Price: As of June 13, 2025, SOL is trading in the range of $140 - $145 USD, having fluctuated significantly in the last 24-48 hours. An intraday high of approximately $160.55 and a low around $141.72 have been reported.
* General Trend (4h): The short-term trend on the 4-hour chart shows signs of a bearish trend or consolidation after a significant drop. Some analyses indicate that the price has broken below some key moving averages, suggesting weakness. However, there are indications that the price has touched an important support level around $140 - $141.53, which could generate a technical bounce.
* Key Levels:
* Supports: The zone of $141.53 - $142.00 is a critical support, with a minor support at $139.00. A more important support is found around $135.00 and even $128.00 if the decline continues.
* Resistances: Immediate resistances are at $145.00 - $147.00, followed by $150.00 - $150.69. Stronger resistances are seen at $158.00 - $160.50 (especially the EMA 25) and the daily resistance at $168.36.
* Technical Indicators:
* RSI (Relative Strength Index): On the 4-hour chart, the RSI has entered the oversold zone (approximately 27), suggesting a possible demand for a short-term bounce.
* MACD (Moving Average Convergence Divergence): The MACD histogram has stopped decreasing and is beginning to rise, which could also indicate a demand for a short-term bounce.
* Moving Averages: The price has fallen below important moving averages, confirming the short-term bearish trend.
Price Action Speculation (June 13, 2025):
Given the current outlook, the price action of SOL/USDT could be in a bounce phase or continuation of consolidation in the short term.
* Bearish Scenario (Continuation): If the support of $141.53 - $142.00 does not hold and the price closes a 4h candle below $139.00, we could see a continuation of the decline towards $135.00 and potentially $128.00. This would be reinforced by an increase in selling volume and a confirmed bearish breakdown on 4h candles.
* Bullish Scenario (Bounce/Reversal): Given the oversold condition in the RSI and the possible bullish divergence in the MACD, a technical bounce from the current support levels is plausible. If SOL manages to hold the $140 - $142 zone and recovers the resistance of $145.00 - $147.00, the price could attempt to recover $150.00 and, in a more optimistic scenario, aim for $158.00 or even $160.50.
Entry, TP, SL Recommendations (Speculative and High Risk):
IMPORTANT: These are just speculations and should be used with EXTREME CAUTION. The cryptocurrency market is very volatile, and there are no guarantees. Always conduct your own research (DYOR) and consider your risk tolerance.
Option 1: Short-Term Trade (Long - Bounce from Support)
This scenario is based on the idea of a technical bounce from the oversold and support zone.
* Entry: Look for confirmation of a bullish reversal (e.g., hammer candle, bullish engulfing, increased buying volume) on the 4h or 1h chart near the support of $141.50 - $142.50.
* Take Profit (TP):
* TP1: $145.00 - $147.00 (First resistance)
* TP2: $150.00 - $150.69 (Psychological level and key resistance)
* TP3 (Ambitious): $158.00 (If the momentum is strong and the resistance of $150 breaks)
* Stop Loss (SL): Place the SL below the crucial support, for example, at $139.00 or $138.50. A confirmed breakdown below this level would invalidate the immediate bounce thesis.
Option 2: Short-Term Trade (Short - Bearish Continuation or Resistance Rejection)
This scenario is based on the idea that the current bearish trend will continue or that a bounce will be rejected by a key resistance.
* Entry 1 (Breakdown Short): If the price breaks and closes a 4h candle below $139.00 - $141.50 with significant volume.
* Entry 2 (Resistance Rejection): If the price bounces off one of the resistances (e.g., $145.00 or $150.00) and shows a clear bearish rejection (e.g., bearish engulfing candle, long upper wick).
* Take Profit (TP):
* TP1: $135.00 (Next support)
* TP2: $128.00 (Lower support and target of the drop extension)
* Stop Loss (SL):
* For Entry 1 (Breakdown Short): SL above the breakdown level, for example, $143.00 - $144.00.
* For Entry 2 (Resistance Rejection): SL above the key resistance that has been rejected, for example, if the rejection is at $150.00, the SL could be $151.50 - $152.00.
Additional Considerations:
* Volume: Always pay attention to volume. An increase in volume in the direction of your desired trade is a good confirmation signal.
* Fundamental News: Be on the lookout for any relevant news about Solana, the cryptocurrency market in general, or regulations, as they can have a significant and sudden impact on the price. Transfers of large amounts of SOL by entities like FTX/Alameda can influence market sentiment.
* Risk Management: Always use proper risk management, assigning only a small percentage of your capital to each trade and adjusting your position size according to your SL.
vc_custy
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