Alright, Solana’s creeping up from $125, and suddenly everyone’s acting like we’re about to see fireworks over $150. Let’s not plan the parade yet, okay? 😏
- Looks like SOL wriggled its way above $132 against the US Dollar. Mazel tov.
- Currently lurking above $142 and the 100-hourly simple moving average. Whatever that means, sounds important.
- Supposedly there’s a “bullish trend line”! It’s at $142. Somebody get it a medal.
- If, by some miracle, it gets past $150 resistance, maybe we’ll see another “fresh increase”—whatever that is.
So, Is Solana Ready to Fly? Eh…
Here’s the deal: SOL clung to $125 like a lifeline, and then—poof—it’s up, just like Bitcoin and Ethereum. Everyone’s excited. Above $132? Sure. Bulls flexed and managed to push up to $145. But now, it’s stuck at $148 or $150, like a guy at a club who can’t get past the bouncer.
$147 is the high for now, and, shocker, the “gains” are consolidating. That means nobody knows what’s happening. There’s this trend line at $142 that supposedly matters a lot. You believe in those? I believe in pastrami more.
Upside potential? You’ll hear every genius on the internet talking about $148, $150, or even $155 being “key resistance.” I’ve seen more impenetrable doors at my ex’s apartment. If—IF—we get above $155? Sure, then everyone’s uncle will be texting you about $160 and $165 like it’s their bar mitzvah all over again.
Will SOL Crash? Shocker: It Might.
If Solana can’t drag itself above $150, surprise, surprise: it could take a tumble. First stop, $142. Next, a demoralizing trip to $136, the so-called 50% Fib retracement. Fibonacci—it’s math, it’s mystical, it’s useless until it works.
Fall through $136 and we’re talking $130. Below $130? Eh, why not $125 again, just for laughs? It’s crypto, anything can happen.
Let’s Talk “Technical Indicators” Because We Have To:
Hourly MACD: Losing pace in the bullish zone. It had one too many bagels.
Hourly RSI: Over 50, so… a polite golf clap.
Supposedly “Major” Support: $142, $136.
Alleged Resistance: $148, $150. The usual suspects.
So, are we celebrating or complaining? Honestly, check again in an hour. Or don’t. 🍵
Read More
2025-06-25 10:08