Breaking and holding above 151.00 opens up further opportunities to:
152.20
153.00–153.50 (24-hour high area)
---
🔽 Bearish Scenario:
If unable to hold above 151.00 and breaks down back below 150.00:
Correction target to 149.30
Further down to 148.50 if selling pressure is strong
---
⚠️ Note:
Strong rebound from the 147–148 area successfully broke through the MA. Positive momentum is forming, but the 151–153 area is an important testing zone for validating a reversal.
I tried to unpack some of these issues and find solutions, which are:
1. Check the highest % today in the futures market 2. Check volume 3. Check funding fee 4. Charting with SOP (S/R & Fibonacci from swing low/high) 5. Check TOTAL, TOTAL3, OTHERS charts on TradingView 6. Check the liquidation map on Coinglass
The results of this evaluation yielded a recovery value that I am grateful for today. Thank you, Allah, for giving me enlightenment.
For friends who are still in losses, I hope you find enlightenment soon. I am also on a journey to recover, hoping it is willed by the owner of the universe.
If it fails to break 149.25–150.00, the price may continue to drop to:
148.20
147.60 (strong support and 24-hour low)
---
🔼 Up Scenario:
If the candle successfully closes above 150.00, potential further pullback to:
151.20
152.00
---
⚠️ Note:
Price is attempting to rebound after a sharp breakdown. The structure is still bearish while below 150–151. Momentum has not confirmed a reversal. Be wary of rejection in the MA zone.
If it breaks and holds above 152.20, potential continuation to:
153.00
154.00 (strong resistance H24)
---
🔽 Bearish Scenario:
If it drops and fails to hold above 151.50, potential correction to:
150.80
149.80
---
⚠️ Note:
Price is moving sideways in the upper zone. Buyer dominance is slightly ahead (Bid 53.77%). The last 1D candle rejected the breakdown, indicating consolidation before the breakout.
Price started to move sideways after the spike, with selling pressure gradually increasing. Validation of direction needs a break from the range 151.60 – 152.50.
If it can hold above 151.60 and break 153.00, potential continuation to:
154.00 (daily resistance)
155.20 (further extension)
---
🔽 Downward Scenario:
If it breaks down from EMA 9 and the candle closes below 151.50, potential correction towards:
150.50
149.00
---
📌 Note:
The price is starting to show weakening short-term momentum after a sharp spike. Caution is needed if volume decreases in the upper area. Validation of direction will depend on price reaction around 151.50–153.00.
Sharp breakout from downtrend structure & resistance 149.50.
If able to continue momentum and break 152.00, further targets to:
153.20
154.50
---
🔽 Down Scenario:
If unable to hold above 151.00, potential retest to:
149.50 (breakout area)
148.50
---
📌 Note:
Upward impulse is very strong, but the risk of short-term overextension is increasing. Ideally, a light correction (healthy pullback) before continuing. Momentum is still dominantly bullish. #dyor
Price successfully broke the descending trendline → initial reversal signal.
Further confirmation if it breaks 148.50, target to:
149.30
150.50
---
🔽 Downward Scenario:
Failed to stay above 148.00 → beware of a drop to:
147.20
146.20 if selling pressure returns strong
---
📌 Note:
Trendline breakout is starting to be valid. Needs a follow-up candle with volume to confirm upward direction. Momentum is starting to lean bullish. #dyor
Price is approaching the downtrend line from the previous peak.
Valid breakout above 148.00 → potential to continue to:
149.20
150.50 (retest strong resistance)
---
🔽 Down Scenario:
Failed breakout 148.00 → downward pressure could bring the price to:
147.00
146.20 if selling pressure is strong
---
📌 Note:
Price is still sideways near the downtrend line, a clear breakout is needed for direction validation. Short-term momentum is starting to be neutral-positive.
Need a reclaim and a strong candle above 147.80 to retest:
148.45 (minor resistance)
149.80–150.90 (main direction determination zone)
---
🔽 Bearish Scenario:
If breakdown and candle close below 147.00, potential continuation to:
146.20 (minor support)
145.10 (24-hour low & strong demand)
---
📌 Note:
Price rejected by the EMA area and failed to breakout 148.45 → dominant seller pressure. Still vulnerable to a decline as long as unable to surpass the EMA and trendline.
📍 Current Price: 148.41 USDT SOL has successfully broken through, currently testing the minor resistance area.
---
🔼 Bullish Scenario:
If it breaks 149.00, potential to continue to 150.50–153.00 (strong resistance).
Short-term structure is starting to recover, short-term MA is beginning to cross up.
🔽 Bearish Scenario:
If it fails to continue and breaks down back below 147.70, it is prone to a correction back to 146.00.
Rejection from the current area could be a bull trap signal.
---
🎯 Conclusion: SOL is in a rebound phase, but the current area is crucial for validating further gains or a reversal. Buyer momentum needs to be maintained for a valid breakout.
📍 Current Price $SOL : 146.47 USDT Condition: Price is holding below 146.80, volume has not shown strong momentum yet.
---
🔼 Bullish Scenario:
A breakout and strong candle above 146.80 could push to the 148.08 area and continue to 150.00.
Strong confirmation if it can close above 148.00 with increased volume.
🔽 Bearish Scenario:
If it fails to break through and breaks down back below 146.00, the target decline is to 144.60–143.80.
The direction will be negative if a long red candle appears below support.
---
🎯 Conclusion: Narrow sideways ahead of Powell's speech, potential for a two-way breakout. Watch out for fakeouts — volume and confirming candles are crucial.