🧭 SOL/USDT Chart Analysis (Daily)
🔍 Observations:
1. Current Price: ~$153.44
2. 24h Range: High = 158.01 | Low = 152.57
3. Moving Averages:
MA(7): 165.23 (Short-term trend)
MA(25): 170.79 (Mid-term trend)
MA(99): 144.29 (Long-term trend)
4. RSI(6): ~19.84 (Oversold zone)
5. Volume: Recent increase in volume during sell-off
6. Price Action:
Key Support: 140–145 zone
Resistance: 165–170 (MA(7) + MA(25))
Price has corrected from the recent peak (~187.71) and is testing lower levels.
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🎯 Trade Plan
1️⃣ Entry Point:
First Entry (Aggressive): Around $153–$155 (current price)
Safer Entry (Conservative): If price dips to $145–$147 (near MA(99) + support zone)
2️⃣ Take Profit Levels (TP):
TP1 (Conservative): $165 (MA(7) + minor resistance)
TP2 (Moderate): $170–$172 (MA(25) + resistance)
TP3 (Ambitious): $180–$185 (recent swing high)
3️⃣ Stop Loss (SL):
For Aggressive Entry: SL at $145 (below MA(99) + strong support zone)
For Conservative Entry: SL at $140 (recent low zone)
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⚠️ Risk Management & Notes:
Risk-Reward Ratio: Aim for at least 1:2 (e.g., risk $8–$10, target $16–$20)
Volume Confirmation: Look for a bounce in buying volume for confirmation.
RSI: Very oversold (19.84) → suggests a potential reversal is likely.
Trend: Currently in a pullback, but long-term trend remains bullish if $140 holds.
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📊 Summary Table
Entry Take Profit (TP) Stop Loss (SL) Notes
$153–$155 TP1: $165 TP2: $170–172 $145
$145–$147 TP1: $165 TP2: $170–172 $140
