Alright, let’s talk $SOL.
Price is currently moving around $151.79, and it’s sitting right on a knife’s edge — not quite bullish, not fully bearish either. We’re in that gray zone where the next few weekly candles could define the next big move.
🧩 Structure & Trend
We’ve got a mini-recovery brewing. SOL has managed to climb back above the short-term EMAs (5 & 8), which is good — it means momentum is picking up again.
But here’s the catch: it’s still struggling below the heavier EMAs like the 21, 30, and 55. These are sitting between $156–160, acting like a brick wall.
Unless SOL can smash through that zone with some real conviction, this bounce could just be a dead-cat hop before another drop.
🔍 Momentum Signals
MACD? Gave a small bullish crossover, but it's still below the zero line. Early signal, not confirmation.
Stoch RSI? Around 58 – so there's room to move higher, but we’re not in overbought territory yet.
Volume? Picking up slightly, but nothing explosive. The whales are still quiet... for now.
🎯 Trading Levels I’m Watching:
📥 If You’re Looking to Enter:
Entry zone: Between $150 and $152 – that’s your loading zone if we get a solid retest.
🚀 Take Profit (TP) Zones:
TP1: $172 – local resistance. First test for buyers.
TP2: $216 – a psychological and technical wall.
TP3: $260 – if momentum kicks in and bulls go beast mode.
🔻 Stop-Loss (SL) Zones:
SL1: $140 – keep it tight if you're playing short-term.
SL2: $129 – any clean break below, and the structure flips bearish.
SL3: $95 – the last stand for bulls. Below this, it’s open sea for bears.
Overall Sentiment: Neutral turning Bullish
The chart is leaning bullish, but it's not a confirmed trend flip yet. We’re forming higher lows, and there’s definitely energy building under the surface — but unless SOL can close above $157+ on high volume, we’re still in recovery mode.
It’s one of those “prepare your bags, but don’t ape in blindly” kind of moments.
Like/Follow for more updates !
