$OG Where is this gonna stop, is it time to closemy possiti | Tade G on Binance Square

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$OG Where is this gonna stop, is it time to closemy possition, I bought long at 5.6 and now it is 5.40.
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You're looking at a trading chart for SOL/USDT (Solana to Tether) on the 1-hour timeframe, and you want help planning a trade. Let's break this down step-by-step using technical indicators from your screenshot: 🔍 Key Technical Details: Current Price: $169.35 (+0.21%) Support Level (Recent Low): $163.91 Resistance Level (Recent High): ~$174.16 Moving Averages: MA(7): 167.97 (short-term, yellow) MA(25): 167.19 (mid-term, pink) MA(99): 171.58 (long-term, purple) RSI (6): 69.67 – close to overbought (>70) MACD: MACD Line: 0.50 Signal Line: -0.43 Histogram shows increasing bullish momentum Volume: Rising on green candles (bullish confirmation) 🧠 Interpretation: Short-Term Momentum: Strong bullish price action breaking above MA(7) and MA(25), which is a bullish signal. MACD Crossover: Bullish MACD crossover with positive momentum building. RSI: Near overbought territory – possible cooling or minor pullback soon. Price Location: Testing just below the MA(99), which may act as resistance. ✅ Trade Plan Options 📈 Option 1: Bullish Trade (Long Entry) Scenario: Expect continuation if SOL breaks and closes above $171.60 (MA 99). Entry: On breakout above $171.60 with strong volume. Target: $174.16 (recent high), then $176–178 zone. Stop Loss: Below $167.00 (under MA 25). ⚠️ Option 2: Wait for Pullback Scenario: Wait for the price to retest support near $167.00 or even $165.50. Entry: On bullish confirmation (e.g., hammer candle, RSI bounce). Target: $171.00–174.00. Stop Loss: Below $163.00. 📉 Option 3: Bearish Rejection (Short Setup) Scenario: If price fails to break MA(99) and RSI crosses down from 70. Entry: If price closes below $167.00 with bearish volume. Target: $165.00 then $163.91. Stop Loss: Above $171.60. 🧭 Tips for Risk Management: Risk no more than 1–2% of your trading capital. Use limit orders for better control. Watch how Bitcoin behaves — it often leads altcoins.

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$ALPINE My sunday is screwed by alpine. it would have been an easy trade if I used my mind. What do you guys think shall I close and move on or waite?

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$SOL I think my obsession for Solana is affecting my profit. I just thought it was ready to fly wjen it crosses 173. But it immediately encountered strong resistance. This happened to me twice😭

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My goodness, we are two different people. Here I am fighting to get 10 USDt😁😁😁

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$SOL What do you guys think? 📊 Chart Analysis Summary 1. Price Action: Current Price: $159.23 24h High/Low: $163.08 / $144.59 Uptrend Noted: The price recently surged from ~$144 to $163 and pulled back slightly. 2. Moving Averages (1H Timeframe): MA(7): 157.18 (Short-term bullish) MA(25): 151.56 MA(99): 147.03 All MAs are sloping upwards, indicating strong bullish momentum. 3. RSI (Relative Strength Index): RSI(6): 80.36 – This is in overbought territory, suggesting a possible short-term pullback or consolidation. 4. MACD: MACD Line > Signal Line: Bullish Histogram increasing, suggesting upward momentum still in play, but nearing a possible short-term peak. 5. Volume: Volume has spiked during the recent price move, signaling strong participation in the uptrend. ✅ Trade Plan Suggestions 🟢 If You’re Looking to Enter Long (Buy): Wait for a Pullback: Ideal re-entry zones: Around the MA(7) at ~$157 Stronger support at MA(25) near $151.5 Look for bullish reversal candles (e.g., hammer or engulfing) before entering. Stop-Loss: Below recent swing low or MA(25) — e.g., around $149–151 depending on your risk tolerance. Take Profit Targets: First target near the recent high: $163 If broken, next resistance is likely around $170 or Fibonacci extension levels. 🔴 If You're Considering a Short-Term Short (Sell): RSI suggests overbought — a short-term short could be valid. Entry: Near $159–160 (current price) Stop-Loss: Above the recent high, e.g., $164–165 Targets: First: MA(7) around $157 Second: MA(25) around $151 ⚠️ Final Thoughts: Market is in a strong uptrend; shorts are riskier unless confirmation of a reversal occurs. If unsure, waiting for a retracement to buy lower is often safer than chasing the top. Keep an eye on broader market sentiment (e.g., BTC movement), as it affects SOL heavily.

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