🔮 SOL/USDT Analysis – June 17, 2025
📉 Current Price: $148.32
24h High: $154.33
24h Low: $145.61
Trend: Sideways-to-Down
Recent Low: $140.21
Volume (24h): Moderate at 3.46M SOL
MA(5): Below MA(10) – weak short-term trend
🔍 Technical Snapshot:
✅ Support Found:
Strong bounce from $140.21, which could act as a key support going forward.
⚠️ Resistance Zones:
Faces resistance at $154–$158 (recent highs).
Has failed to hold above MA levels consistently.
📉 Momentum:
Price is below both MA(5) and MA(10) suggesting bearish to neutral sentiment.
Volume is dropping slightly — indicating low conviction from bulls.
🔮 Next Likely Move for SOL:
ScenarioTriggerTargetProbability🔽 Bearish PullbackRejection at $150$143 – $140 support zoneHigh🔼 Upside AttemptBreak above $154 + good volume$158 – $162Medium⏸ Sideways ConsolidationPrice holds $145–$150Rangebound moveMedium-High
🧠 Strategy Suggestion:
Scalp Traders: Watch for rejection at $150–154 area to short, target $143.
Swing Traders: Wait for a breakout above $158 with volume for confirmation.
Risk-Averse: Not a strong entry yet. Wait for MA crossover + bullish volume spike.