If you don't have a good entry point yet, wait for it to adjust to 149.8 - 150 before entering.
Overview of the trend:
1H timeframe:
SOL has created a short-term bottom at 144.5 and has strongly surged to 151.85.
The 5/10/20 EMA lines are rising and diverging well → confirming a short-term uptrend.
RSI1 ~ 79.7, indicating that it is in the overbought region but buying pressure is still strong.
MACD has crossed above the signal line and the histogram is gradually increasing → buying pressure is still dominant.
15m timeframe:
SOL is showing signs of mild accumulation at the peak of 151 after a strong bounce from the 146.97 area.
RSI is also at a high level (~70–71), but there is not yet a clear bearish divergence.
EMA5 is still holding the price well, with no reversal signal yet.
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Conclusion:
SOL is clearly in a short-term uptrend on both the 15m and 1H timeframes. However, the RSI is high, and there may soon be a short pullback to test the EMA5/10.
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Trading strategy:
Reasonable entry: Wait for a slight price adjustment to the nearest support area:
149.8 – 150.2 (near EMA10-15m, coinciding with EMA5-1h).
If the price reacts well here (with a wick candle or engulfing candle), consider entering a Long position.
Stop loss: Below the 148.5 area (breaking EMA20 and the nearest 15m support candle).
Profit-taking expectations:
TP1: 152.2 (Upper Bollinger band 15m).
TP2: 154 – 155 if it continues to breakout.