🚀 $SOL Technical Analysis July 26, 2025: PRICE STANDS AT $187.30 WITH BULLISH MOMENTUM 📈
📊 Market Insight • Current Price: $187.30 USDT • Moving Averages (MAs) indicate a bullish shift with MA(7) at $184.94, MA(25) at $189.03, and MA(99) at $175.95, showing price above short-term MAs. • Volume is significant at 2.37M SOL (437.46M USDT), with a recent increase suggesting growing buying pressure. • MACD shows a bullish trend with DIF at -0.83 and DEA at -1.07, indicating potential momentum. • RSI values suggest a neutral zone, with RSI(6) at 58.80, indicating room for further upside.
📊 Important Levels to Watch 🔼 Resistance Levels: $189.03 $197.98 $206.30 🔽 Support Levels: $184.94 $175.95 $173.24
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Reversal above $189.03 ☑️ Entry Point: $189.20 (enter if price breaks above $189.03 with bullish momentum confirmation) 🎯 Price Target: TP1: $197.98 TP2: $206.30 🛑 Stop Loss: $188.60 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $189.03, an increase in volume, RSI(6) rising above 70, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Breakdown below $184.94 ☑️ Entry Point: $184.70 (enter if price drops below $184.94 with bearish momentum confirmation) 🎯 Price Target: TP1: $175.95 TP2: $173.24 🛑 Stop Loss: $185.40 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below $184.94, a decline in volume, RSI(6) dropping below 50, and the MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action reflects bullish momentum with a 6.00% rise and a potential MACD shift. A breakout above $189.03 could lead to further gains, while a drop below $184.94 might signal a reversal. Monitor RSI for overbought conditions and volume for momentum shifts before entering positions.
