SOL Market Technical Analysis – 4 July 2025

📅 Today’s Live Insight on Solana
📊 Market Snapshot
SOL is trading around $146.71, down slightly from earlier highs near $153.44. After a volatile session, the price has pulled back to mid-range, signaling a consolidation phase amid choppy market conditions. 📉
📈 Price Trend & Action
SOL surged earlier to $153 but failed to hold, retreating into a range of $147–$150.
Short-term trend: Neutral–bearish, due to recent pullback.
Mid-term trend: Mixed, with upward bias still intact.
Long-term trend: Holding above $140 support, still within overall uptrend.
⚙ Technical Indicator Highlights
RSI sits near 45, which is neutral to slightly bearish—no extreme conditions.
MACD shows signs of flattening after bullish crossover started fading.
Moving Averages: Price is now just above the 50-day MA ($145). The 200-day MA ($130) remains far below, acting as long-term support.
📐 Chart Pattern & Market Structure
SOL seems to be forming a descending flag or pennant on shorter timeframes—this resembles a pause after a drop from recent highs. A clean break above $150 could reignite momentum toward $153–$155. On the downside, a break below $146 risks a deeper pullback to $142–$144.
🛠️ Tactical Trade Ideas
🔹 Bullish Approach
Entry: $147–$148 zone on confirmed bounce
Targets: $150 → $153 → $155
Stop Loss: Below $146
🔸 Bearish / Caution Approach
Breakdown entry: Below $146
Potential target: $142 → $140
Stop Loss: Above $148
🎯 Final Thoughts
SOL is in a watchful consolidation phase after testing resistance near $153. The key short-term levels are $146 (support) and $150 (resistance). Holding above $146 keeps the bullish case alive, while a breakout above $150–$152 may drive upside to $155+. A drop below $146 could open a path to $142–$140. Trade with clear levels, proper stops, and stay alert to volume and momentum shifts. 🚀📉📈
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