$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: $151.49

• Trend: Bullish short-term recovery with strong momentum from $144 support

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2. SOL / USDT Technical Analysis:

• MACD: Bullish crossover, histogram rising

• RSI: Around 62, showing strength but not overbought

• Stoch RSI: Overbought zone (>88), possible cooldown soon

Supports:

→ $149.5 (EMA21) – dynamic short-term support

→ $147 – previous consolidation + high liquidity area

→ $144 – swing low with heavy long liquidations

Resistances:

→ $152.50 – recent swing high

→ $154.20 – strong rejection area previously

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3. $SOL / USDT Spot Trading Setup:

Buy Zone: $147–$149

TP1: $152.5 – recent resistance

TP2: $154.2 – last major high

TP3: $157 – psychological resistance + liquidity cluster

SL: $144 – breakdown below key structure

Best Course of Action:

Buy – SOL is reclaiming EMAs with bullish momentum and good risk-reward from $147–$149 zone

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4. $SOL / USDT Futures Trading Setup:

Long Entry: $148.5–$150

TP1: $152.5 – resistance

TP2: $154.2 – swing high

TP3: $157 – high liquidity zone

SL: Below $144 – invalidates trend structure

Short Entry: $152.5–$154.2 (if rejected)

TP1: $150 – psychological level

TP2: $147 – support cluster

TP3: $144 – high volume support

SL: Above $155 – breakout confirmation

Best Course of Action:

Long – Strong bullish setup with rising MACD and EMA reclaim; short only on strong rejection above $152

[Note: This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.]