🚀 $SOL Technical Analysis July 02, 2025: PRICE STANDS AT $147.55 WITH BEARISH MOMENTUM 📉

📊 Market Insight
• Current Price: 147.55 USDT
• Moving Averages (MAs) indicate a bearish trend.
• Volume has decreased, suggesting reduced market activity and potential waning buying pressure.
• MACD shows a bearish trend.
• RSI values are in the neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
150.13
153.70
155.00
🔽 Support Levels:
145.00
140.12
139.12

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Reversal above $150.13
☑️ Entry Point: $150.30 (enter if price breaks above 150.13 with bullish momentum confirmation)
🎯 Price Target:
TP1: $153.70
TP2: $155.00
🛑 Stop Loss: $149.70 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 150.13, an increase in volume, RSI(6) rising above 60, and MACD showing a bullish crossover with DIF rising above DEA.

🐻 Bearish Trade Setup: Breakdown below $145.00
☑️ Entry Point: $144.80 (enter if price drops below 145.00 with bearish momentum confirmation)
🎯 Price Target:
TP1: $140.12
TP2: $139.12
🛑 Stop Loss (SL): $145.50 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 145.00, a decline in volume, RSI(6) dropping below 50, and the MACD showing a bearish trend with DIF falling below DEA.

📌 Suggestion to Open Positions Today:
The neutral RSI indicates there’s room for further movement in either direction, but the bearish MACD and recent price action lean toward a potential further decline. A breakdown below $145.00 could target $140.12 or lower, while a reversal above $150.13 might signal a recovery toward $153.70. Given the current bearish trend, a cautious bearish approach is favored, but wait for confirmation signals before entering trades. Tight stop losses are recommended due to the volatile nature of the market.

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