$SOL Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

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1. SOL / USDT Market Overview:

• Current Market Price: $146.67

• Trend: Bearish short-term structure with lower highs and lower lows

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2. SOL / USDT Technical Analysis:

• EMA(21) and EMA(50) are above price – bearish alignment

• MACD histogram is red, indicating ongoing bearish momentum

• Stochastic RSI is deeply oversold, possible reversal brewing

Supports:

• $145: Psychological level + recent bounce

• $139: EMA(200) + previous strong support zone

Resistances:

• $148.7: EMA(21) resistance

• $151: Previous price rejection + liquidity zone

• $154: Major liquidity cluster above

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3. $SOL / USDT Spot Trading Setup:

Buy Zone: $139 – $145 (oversold RSI + near EMA200 support)

TP1: $148.7 (EMA21 resistance)

TP2: $151 (mid-structure resistance)

TP3: $154 (liquidity zone)

SL: Below $138 (clean invalidation under key support)

————SOL / USDT SPOT Trading Best Course of Action:

Buy — Price is in a short-term pullback with RSI deeply oversold and strong support at $139–$145

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4. $SOL / USDT Futures Trading Setup:

For Long:

Entry: $139–$145

TP1: $148.7 (EMA resistance)

TP2: $151 (price structure resistance)

TP3: $154 (liquidity zone)

SL: Below $138 (break of support zone)

For Short:

Entry: $148.7–$151 (supply + EMA confluence)

TP1: $145

TP2: $141.5

TP3: $139

SL: Above $154 (breakout above liquidity)

————SOL / USDT FUTURE Trading Best Course of Action:

Short — Price failed to reclaim EMA21 and liquidity above is untested; downside continuation favored short term.