🔍 Solana (SOL/USDT) – Daily Price Action Plan | August 5, 2025
📈 Current Price: $166.67 (₨47,244.27 | ▲1.98%)
📊 24h Range: $161.64 – $169.97
🕒 Chart Timeframe: 15-Minute
📌 Trend Structure: Short-term consolidation after hitting resistance
🧭 Key Technical Levels
🔹 Support Levels:
$166.60 – Near-term support (MA-7 & MA-99)
$165.00 – Psychological support
$161.64 – Intraday low (critical support zone)
🔸 Resistance Levels:
$167.71 – MA-25 level (short-term resistance)
$169.97 – 24h high (major resistance)
$171.00–172.50 – Breakout zone if bullish momentum returns
📅 Intraday Action Plan
Scenario 1: Bullish Breakout
Trigger: Price breaks above $168.00 with volume confirmation
Entry Zone: $168.00 – $169.50
Target 1: $171.00
Target 2: $172.50
Stop Loss: $166.20
Bias: Momentum play if buyers regain control
Range Trading (Most Likely in Low Volume Hours)
Range: $165.50 – $168.00
Buy Near Support: $165.50–$166.00
Sell Near Resistance: $167.70–$168.00
Stop Loss: Tight 0.75% SL outside the range
⚠️ MACD Signal:
Bearish divergence continues – histogram expanding in negative zone. Caution advised on long positions unless price breaks and holds above $168.00.
📌 Strategy Notes
Asia Session: Expect continuation of consolidation.
EU/US Sessions: Watch for volume spike and breakout toward $170+.
Monitor BTC/ETH for correlation influence.
#CryptoTrendWithAhmadKhan
#AhmadKhanAnalysis
#SOLUpdate