$SOL is standing at a critical turning point, and the market is watching closely. Hereâs everything you need to know đ
đ Price & Trend
Current Price: $162.92 đ˘ (+1.46% 24h)
Trading below EMA(7) [$167.57] and EMA(25) [$171.49] â
Holding above EMA(99) [$162.49] â last line of defense
â ď¸ A daily close below $162.49 could trigger a major breakdown
đĽ Momentum & Volume
RSI(6): 32.02 (Oversold) đĽ â bounce zone
Stochastic RSI: 5.35 rising â early bullish pressure
Volume Alert: 438.9K SOL (â82% vs. MA5) â ď¸
â Seller exhaustion = bounce likely
đ Support & Resistance
Major Support: $162.49 / $162.00 / $133.68
Key Resistance:
đš $164.14 (Immediate)
đš $167.57 (EMA7)
đš $171.49 (EMA25)
đš $179.33 / $206.30 (2025 Peak)
đ
Price Predictions
âł Short-Term (6â12h)
đ˘ Bounce to $164.14â$167.57 likely
â
Strong Volume = break to $171.49
â Weak Volume = reject to $162.00
đ° Medium-Term (24â48h)
Bullish: Close > $167.57 â path to $179â$206
Bearish: Close < $162.49 â risk down to $133â$100
đ§Ş Trade Setup
â
Scenario 1: EMA99 Reversal Play (Optimal)
Trigger: 15m close > $163.50 + RSI(6) > 35
Entry: $162.60â$163.00
Targets:
⢠TP1: $164.14
⢠TP2: $167.57
⢠TP3: $171.49
Stop: $161.80
⥠Scenario 2: Breakdown Hedge (High-Risk)
Trigger: 1h close < $162.49 + volume > 1M
Entry: $162.00â$162.30
Target: $133.68
Stop: $163.50
đĄď¸ Risk Management
Max Position: 1.5% of capital
Risk/Reward: 1:5
Confirm with:
⢠Volume > 800K SOL
⢠Stoch RSI > 10
đ§ Conclusion
Bias: Cautiously bullish đ˘
Invalidation Levels:
đĽ Bearish if close < $162.00
đŠ Bullish if close > $167.57
â
Plan of Action:
1. Enter $162.70 (80%)
2. Add on 15m close > $163.50
3. Exit 50% at $164.14 â Trail rest to BE
đ Catalysts to Watch
Solana network uptime
Meme coin activity
BTC Dominance < 52% = Altcoin rally
â ď¸ Key Risk Note
If volume < 500K SOL on bounce attempts, reduce position by 50%.
Always use a stop-loss and ma
nage risk properly.
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@tradingwith69 đš Trade Smart â Trade from here đ
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