1. Current market situation
- Last price: $144.73 (-0.60%).
- Marking price: $144.72 (very close to the last price, indicating stability).
- Range over 24 hours: $142.42 - $147.79. The current price is closer to the lower boundary of the range, which may indicate a possible bounce or further decline.
2. Trading volumes
- Volume over 24 hours (SOL): 14.84 million.
- Volume over 24 hours (USDT): 2.16 billion. High volume indicates market activity, which can lead to sharp price movements.
3. Technical indicators
- MACD: -0.679. A negative value indicates a bearish trend, but one should consider a possible slowdown in the decline.
- RSI(6): 44.864. It is in the neutral zone, closer to oversold, which may signal a possible bounce.
4. Key levels
- Support: $142.42 (24-hour low), $133.041 (historical level).
- Resistance: $147.79 (24-hour high), $160.343 (historical level).
5. Trading plan
- Scenario 1: Bounce from support
- Condition: If the price approaches $142.42 and shows signs of reversal (for example, forming a daily low above or an increase in buying volume).
- Action: Opening a long position with targets:
- $144.72 (marking price).
- $147.79 (resistance).
- Stop-loss: $140.00 (below key support).
- Scenario 2: Breaking support
- Condition: If the price closes below $142.42 with high volume.
- Action: Opening a short position with targets:
- $140.00 (psychological level).
- $133.041 (next support level).
- Stop-loss: $145.00 (above the last price).
- Scenario 3: Consolidation
- Condition: If the price remains within the range of $142.42 - $147.79 without a clear direction.
- Action: Trading from the range boundaries with short goals within the channel.
6. Recommendations
- Risk management: Do not risk more than 1-2% of capital on a single trade.
- Monitoring: Keep an eye on volumes and news that may impact SOL.
- Flexibility: Be ready to adjust the plan as market conditions change.
7. Additional factors
- Timeframes: Consider 15m, 1h, 4h charts for precise entry.
- Market depth: Check the order book for liquidity assessment.
Conclusion:
Today's trading plan for SOL/USDT is based on key levels and indicators. The main scenarios include a bounce from support or a breakdown. It's important to maintain discipline and risk management.
