$SOL
Trade Signal: $SOL /$USDC Sell (Short-Term)
Entry Zone: Around $145.99 (current price)
Take Profit Target: $145.36 (recent low)
Stop Loss: $152.35 (24h High)
Technical Analysis:
Current Price: $145.99, showing a slight decrease of -2.89% over the last 24 hours.
Volatility: Trading volume is 1.89M SOL, with a significant 24h USDT volume of 280.99M.
Trend: The price is hovering near its 24h low, which suggests bearish momentum in the short term.
MA (Moving Average): The current price is slightly below the 24h moving average, indicating a potential continuation of the downtrend.
RSI (Relative Strength Index): No exact value provided, but given the price movement, RSI might indicate neutral to slightly oversold conditions.
MACD: If the MACD confirms bearish momentum, it would strengthen the sell position.
Trade Strategy & Risk Management:
Risk-Reward: Moderate, with a stop loss above $152.35 and a target near $145.36.
Position Sizing: Based on your preferred risk percentage, make sure to adjust your position size accordingly.