🚀 $SOL Technical Analysis June 19, 2025: PRICE STANDS AT $145.81 WITH BEARISH MOMENTUM 📉

📊 Market Insight
• Current Price: 145.81 USDT
• Moving Averages (MAs) indicate a bearish trend.
• Volume has remained significant, but the recent price decline reflects stronger selling pressure compared to buying interest.
• MACD shows a bearish trend.
• RSI values are in neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
150.50 (immediate resistance near the MA(99))
153.20 (significant resistance)
158.80 (recent high)
🔽 Support Levels:
145.61 (immediate support)
143.65 (significant support)
141.97 (recent low)

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $150.50
☑️ Entry Point: $151.00 (enter if price breaks above 150.50 with bullish momentum confirmation)
🎯 Price Target:
TP1: $153.20
TP2: $158.80
🛑 Stop Loss: $150.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 150.50, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover with DIF rising above DEA.

🐻 Bearish Trade Setup: Breakdown below $145.61
☑️ Entry Point: $145.10 (enter if price breaks below 145.61 with bearish momentum confirmation)
🎯 Price Target
TP1: $143.65
TP2: $141.97
🛑 Stop Loss (SL): $146.10 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 145.61, a decline in volume, RSI(6) dropping below 30, and the MACD continuing to show a bearish trend with DIF falling further below DEA.

📌 Suggestion to Open Positions Today:
A bearish setup appears more probable given the current price drop below key MAs and the bearish MACD signal, especially if the price breaks below $145.61 with confirmation. For bullish traders, a recovery above $150.50 could signal a potential reversal, but the current momentum and neutral RSI suggest caution. Given the volatility observed in the recent price action, employing tight stop losses is advisable to mitigate risk.

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