Crypto Revolution Masters
06/15 18:40
🔍 Solana ( $SOL /USDT) 4H Chart Analysis Current Price: $151.58 MA Overview: MA 7: $146.93 (recently reclaimed ✅) MA 25: $150.09 (now acting as short-term support) MA 99: $153.91 (key resistance to watch) 📈 Technical Structure: Solana has bounced off the $142–144 region, forming a short-term higher low. It has successfully broken above the 7 and 25 MA, showing short-term bullish momentum. The price is now approaching the 99 MA, which has acted as dynamic resistance throughout the downtrend since early June. This breakout attempt resembles a "double bottom" reversal — but needs confirmation above the $154 zone. 🎯 Targets Ahead: Target 1: $154 — 99 MA + minor resistance zone Target 2: $160 — previous support-turned-resistance Target 3: $167 — local high from early June 🛡️ Key Support: $150: now flipped from resistance to support $144: previous low; losing this would invalidate the current bullish thesis 📊 Conclusion: Solana is flashing early signs of recovery. If it can hold above the 25 MA and break through the 99 MA around $154, momentum could accelerate. However, macro resistance at $160 needs strong volume to break — so remain vigilant for a potential bull trap if momentum fades. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!
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