๐ $SOL Technical Analysis June 25, 2025: PRICE STANDS AT $143.72 WITH NEUTRAL MOMENTUM ๐
๐ Market Insight
โข Current Price: 143.72 USDT
โข Moving Averages (MAs) show a mixed trend.
โข Volume has decreased to 124.988M USDT (24h), suggesting reduced buying pressure compared to recent highs, with 2.37M SOL traded.
โข MACD shows a neutral trend.
โข RSI values are neutral.
๐ Important Levels to Watch
๐ผ Resistance Levels:
147.95 (24h high)
150.00
154.00 (further resistance)
๐ฝ Support Levels:
141.00
139.98 (MA(99))
130.00
๐ก TRADE PLANS:
๐ Bullish Trade Setup: Breakout above $147.95
โ๏ธ Entry Point: $148.10 (enter if price breaks above 147.95 with bullish momentum confirmation)
๐ฏ Price Target:
TP1: $150.00
TP2: $154.00
๐ Stop Loss: $147.20 (below the resistance to manage risk)
โ ๏ธ Confirmation: Look for a strong bullish candle close above 147.95, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover with DIF rising above DEA.
๐ป Bearish Trade Setup: Breakdown below $141.00
โ๏ธ Entry Point: $140.80 (enter if price breaks below 141.00 with bearish momentum confirmation)
๐ฏ Price Target:
TP1: $139.98
TP2: $130.00
๐ Stop Loss (SL): $141.50 (above the current support)
โ ๏ธ Confirmation: Watch for a strong bearish candle close below 141.00, a decline in volume, RSI(6) dropping below 30, and the MACD showing a bearish trend with DIF falling below DEA.
๐ Suggestion to Open Positions Today:
The current price action at $143.72 suggests a neutral stance with potential for both bullish and bearish moves. The price is below the short-term MAs (MA(7) and MA(25)), indicating a possible pullback, while the MACD and RSI reflect waning momentum. A breakout above $147.95 could signal a resumption of the bullish trend, while a drop below $141.00 might confirm a bearish reversal. Given the reduced volume and neutral indicators, caution is advisedโconsider waiting for confirmation signals before entering trades. Tight stop losses are recommended.
