Date: July 3, 2025

Timeframe: 4H Chart

#Binance
#crypto
#bitcoin
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#cryptotrading

$SOL

$BTC

$ETH

📊 Market Overview:

Solana (SOL) has shown strong bullish momentum over the past week, rebounding from a local low of $126 on June 24 to reach $160, reflecting a +20% surge. After consolidating around the $150 zone, SOL has confirmed a Golden Cross, signaling the possibility of a continued uptrend.

📌 Chart Summary:

  • Current Price: $155.18

  • Recent Low: $126.00 (Jun 24)

  • Trend: Bullish

  • Bounce Strength: +20.3% from lows

  • MA Crossover:

    • MA(7): $147.50 ✅

    • MA(25): $145.29 ✅

    • MA(99): $153.78 ✅

🔍 Technical Insights:

  • Golden Cross Detected: MA(7) has crossed above MA(25) and MA(99) – a classic bullish setup.

  • Clear Market Structure: Formation of higher-lows and higher-highs indicates strength.

  • Volume Confirmation: Rising volume on the breakout above $148 supports bullish pressure.

🎯 Trading Plan:

✅ Entry Zone:

  • $150 – $153 (retest entry preferred)

🎯 Targets:

  • Target 1: $162

  • Target 2: $170

  • Target 3: $178 (mid-term swing)

🛡️ Stop Loss:

  • $145 (below previous swing low)

📈 Strategy Outlook:

If SOL holds above the $150 support and maintains bullish momentum, a clean breakout towards the $162–$170 zone is likely. The overall structure suggests a healthy pullback was completed, and volume expansion supports a continuation move.

📌 Note: Always manage risk. Crypto markets are volatile. Use tight stop-losses and avoid emotional trading.

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