$SOL

- Prioritize Long positions in the short term around 166-168 USDT with a profit target of 172-175 USDT, and a stop loss at 164 USDT.

- Shorting at the current price level is not advisable, only consider Shorting if the price bounces up to near 175 USDT without breaking through.

Detailed Analysis

1. Overview of the trend

• Daily frame (D1):

• The price is adjusting down after a strong increase to 181.44 USDT.

• The MA(7), MA(25), MA(99) lines still indicate a medium-term upward trend.

• RSI(24): ~59, indicating it is not overbought yet, with room for an increase.

• Stoch RSI is also adjusting from the overbought area.

• 4-hour frame:

• The price has just fallen below MA(25) and is testing the support area of MA(99) around 154-156 USDT.

• RSI(24): ~53, still has buying power.

• Stoch RSI is in the low zone, indicating a potential formation of a short-term bottom.

• 15-minute frame:

• The price has just created a short-term bottom at 166.12 USDT and has bounced slightly.

• RSI(6): 30.02 (near oversold), Stoch RSI: 15.32 (oversold), high potential for technical recovery.

2. Order depth & Market sentiment

• Buy/Sell order ratio:

• Buy orders account for ~60%, sell orders ~40% → the buying side is currently dominant.

• Trading volume:

• Large volumes are concentrated in the price range of 167-170 USDT (both buy and sell), indicating this is a strong contention area.

3. Important price levels

• Nearby support: 166-167 USDT (15-min bottom, MA99 4h).

• Nearby resistance: 172-175 USDT (MA25 4h, dense sell orders).

• Strong support: 154-156 USDT (MA99 4h, previous bottom).

• Strong resistance: 181-182 USDT (most recent top).

Trading scenario

1. Long position (Buy)

• Entry order: 166-168 USDT.

• Profit target: 172-175 USDT.

• Stop loss: 164 USDT.

2. Short position (Sell)

• Only consider if the price bounces up to 172-175 USDT without breaking through, and a clear downward reversal signal appears on the 1h/4h frame.