🚀 $SOL Technical Analysis July 30, 2025: PRICE STANDS AT $179.01 WITH BEARISH MOMENTUM 📉

📊 Market Insight
• Current Price: $179.01 USDT
• Moving Averages (MAs) indicate a bearish shift with MA(7) at 180.32, MA(25) at 185.24, and MA(99) at 181.60, showing price below short-term MAs.
• Volume is notable at 2.44M SOL (455.79M USDT), with a slight decrease suggesting waning buying pressure.
• MACD shows a bearish trend with DIF at -2.08 and DEA at -1.31, indicating potential downward momentum.
• RSI values suggest a neutral zone, with RSI(6) at 33.82, indicating room for further decline.

📊 Important Levels to Watch
🔼 Resistance Levels:
$180.32
$185.24
$206.30
🔽 Support Levels:
$181.60
$174.80
$169.16

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Reversal above $180.32
☑️ Entry Point: $180.50 (enter if price breaks above $180.32 with bullish momentum confirmation)
🎯 Price Target:
TP1: $185.24
TP2: $206.30
🛑 Stop Loss: $179.90 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above $180.32, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.

🐻 Bearish Trade Setup: Breakdown below $181.60
☑️ Entry Point: $181.40 (enter if price drops below $181.60 with bearish momentum confirmation)
🎯 Price Target:
TP1: $174.80
TP2: $169.16
🛑 Stop Loss: $182.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below $181.60, a decline in volume, RSI(6) dropping below 30, and the MACD confirming bearish momentum.

📌 Suggestion to Open Positions Today:
The current price action reflects bearish momentum with a 1.22% decline and a bearish MACD shift. A breakdown below $181.60 could lead to further losses, while a recovery above $180.32 might signal a reversal. Monitor RSI for oversold conditions and volume for momentum shifts before entering positions.

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