$SOL #solana

SOL/USDT 1H chart

1. OVERVIEW

Current price: $175.96

Recent highest price: $187.71

Recent lowest price: $172.50

24h volatility: -1.41%

Volume: Average, no anomalies

2. TECHNICAL ANALYSIS

A. Price trend

The price is in a slight recovery phase after a strong drop from $187

The price bounced from MA99 ($174.83) => strong short-term support zone

Currently, the price fluctuates around the MA7 and MA25 cluster: slight sideway or accumulation signal

B. Technical indicators

MACD:

MACD has crossed positively again => technical recovery signal

Showing weak upward momentum but with signs of sustainability

RSI(6):

RSI: 49.53 => neutral, not overbought or oversold

Currently moving sideways, in line with the accumulation pattern

Stochastic (KDJ):

K: 62.80, D: 61.28, J: 65.82

Upward crossover => positive short-term sign

C. Volume:

Volume is decreasing => the market is waiting for a clear signal, no large cash inflow yet

3. TRADING STRATEGY

A. LONG TRADING (Priority)

Entry: $174.80 - $175.50 (MA99 support zone)

TP1: $178.80 (light resistance zone near MA25)

TP2: $182.50 (previous peak before breakout)

SL: $172.40 (below the nearest bottom)

Probability of success: High if the price stays above MA99 and has supporting volume

B. SHORT TRADING

Entry: $178.80 - $180.00 (MA25 zone + psychological resistance)

TP1: $174.50

TP2: $172.50

SL: $181.50 (if there is a strong breakout at the MA25 zone, exit the short position)

Probability of success: Average – need to observe more volume and candle strength when testing the $178-$180 zone

C. SPOT TRADING (HOLD/TRADER)

Entry: $175.00 (current price – reasonable accumulation zone)

TP1: $180.00

TP2: $185.00

SL: $172.00

=> Suitable for short-term investors – if the price holds above MA99 and breaks out at $178.8, it may hold until $185

4. CONCLUSION

Currently, SOL is trading in the accumulation zone between MA lines

Prioritize SHORT-term LONG strategy at MA99 support zone

SHORT if there is a clear reaction at the resistance zone of $178 - $180