#SOL/USDT
Technical Analysis (1H Chart)
1. Current Price: $176.98
2. Market Trend: After dropping to $172.50, SOL is showing signs of a short-term recovery with price consolidation near the $175–177 range.
3. Exponential Moving Averages (EMA):
EMA 7 (Yellow): 176.60 – slightly upward, providing near-term support.
EMA 25 (Pink): 176.68 – close to price, indicating a neutral zone.
EMA 99 (Purple): 175.55 – acting as a longer-term support.
4. MACD Indicator:
DIF: -0.29
DEA: -0.59
MACD Histogram: Positive (0.31) – suggests a possible shift toward bullish momentum.
5. Resistance Levels:
First resistance: 178.43
Second resistance: 181.78
6. Support Levels:
First support: 175.09
Stronger support: 172.50
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OCO Buy Order Setup:
Goal: Buy SOL either on a pullback near support or on a breakout above resistance.
1. Limit Buy (buy the dip):
Price: $175.10
Target: $178.40
Stop-loss: $172.40
2. Stop-Limit Buy (buy breakout):
Stop Price: $178.50 (trigger)
Limit Price: $178.60 (actual buy)
Target: $181.70
Stop-loss: $176.50
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Tips:
Use solid risk management — don’t risk more than 1–2% of your capital.
Watch closely near the $178.50 level — it’s a strong resistance zone.
A bullish EMA crossover (EMA 7 > EMA 25) and rising MACD histogram would further confirm upward momentum