🚀 $SOL Technical Analysis July 07, 2025: PRICE STANDS AT $151.89 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: 151.89 USDT • Moving Averages (MAs) show a bullish trend with MA(7) at 151.68, MA(25) at 150.50, and MA(99) at 149.99, indicating short-term upward pressure. • Volume has increased to 2.62M SOL (24h Vol/USDT 395.25M), suggesting strong buying activity. • MACD shows a bullish trend with DIF at 0.87 and DEA at 0.95. • RSI values are in the neutral territory (RSI(6): 57.46, RSI(12): 60.13, RSI(24): 58.26).
📊 Important Levels to Watch 🔼 Resistance Levels: 154.29 156.35 160.00 🔽 Support Levels: 148.43 145.90 144.66
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Breakout above $154.29 ☑️ Entry Point: $154.40 (enter if price breaks above 154.29 with bullish momentum confirmation) 🎯 Price Target: TP1: $156.35 TP2: $160.00 🛑 Stop Loss: $153.70 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above 154.29, an increase in volume, RSI(6) rising above 60, and MACD showing a bullish crossover with DIF rising above DEA.
🐻 Bearish Trade Setup: Reversal below $148.43 ☑️ Entry Point: $148.20 (enter if price drops below 148.43 with bearish momentum confirmation) 🎯 Price Target: TP1: $145.90 TP2: $144.66 🛑 Stop Loss (SL): $148.80 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below 148.43, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend with DIF falling below DEA.
📌 Suggestion to Open Positions Today: The current price action indicates a bullish trend with strong volume support and a positive MACD. A breakout above $154.29 could target $156.35, while a drop below $148.43 may lead to a decline toward $145.90. Given the bullish momentum, consider entering a long position with confirmation signals and use appropriate stop losses due to potential volatility.
