🚀 $SOL Technical Analysis September 22, 2025: PRICE STANDS AT $220.88 WITH MODERATE BEARISH BIAS 📉

📊 Market Insight
• Current Price: $220.88 USDT
• Moving Averages (MAs) indicate a bearish tilt, with price below EMAs but holding above EMA(200), pointing to short-term weakness yet long-term support.
• Volume is elevated at 5.10M SOL with a 24h change of -7.24%, signaling increased selling amid broader market corrections.
• MACD shows bearish momentum at -2.22, with DIF below DEA, reinforcing downward pressure.
• RSI values indicate oversold territory, suggesting potential for a rebound.

📊 Important Levels to Watch
🔼 Resistance Levels:
$225.82
$234.03
$245.58
🔽 Support Levels:
$214.50
$210.00
$200.00


💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $225.82
☑️ Entry Point: $226.50 (enter if price breaks above $225.82 with bullish momentum confirmation)
🎯 Price Target:
TP1: $234.03
TP2: $245.58
🛑 Stop Loss: $224.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above $225.82, rising volume, RSI(6) above 50, and MACD histogram turning positive.

🐻 Bearish Trade Setup: Drop below $214.50
☑️ Entry Point: $213.00 (enter if price falls below $214.50 with bearish momentum confirmation)
🎯 Price Target:
TP1: $210.00
TP2: $200.00
🛑 Stop Loss: $216.00 (above the support level)
⚠️ Confirmation: Watch for a strong bearish candle close below $214.50, declining volume, RSI(6) falling below 20, and MACD crossing further bearish.

📌 Suggestion to Open Positions Today:
The current price action shows a moderate bearish trend after a 7.24% drop in 24h, testing key support near $214.50 while holding above the 200 EMA for underlying strength. Oversold RSI hints at a possible bounce toward $245.58, but a breach below $214.50 could accelerate to $200.00 amid market volatility. Monitor for RSI recovery and volume spikes to confirm entries, with long-term forecasts eyeing $400+ by year-end.

#solana #sol #dailyearnings #signaladvisor