#SparkBinanceHODLerAirdrop
📢📢$SOL Is Going on 🔥🔥 💯 SOL/USDT
📊 Trade Summary (Current Stats):
Price: $151.24
24h Change: -2.90%
24h High/Low: $158.80 / $147.47
Volume (24h): 3.44M SOL, 532.54M USDT
Timeframe Shown: 15-min chart
Moving Average (MA60): 151.56
Price is below MA60 ➜ Bearish short-term momentum
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🔍 Chart Analysis:
1. Trend Overview:
The price peaked around $158.80 and has been falling.
A sharp downtrend is observed from ~$152.80 down to ~$150.90 before a small recovery to $151.24.
2. Volume Spikes:
Heavy red volume at 07:08, indicating strong selling pressure.
Slight green recovery candles follow, but they are weaker in volume.
This suggests bear dominance.
3. Moving Averages (MA):
MA(5) = 2,194.426 (yellow)
MA(10) = 2,554.880 (purple)
→ These are probably volume-based moving averages; MA(5) < MA(10) indicates declining short-term momentum.
4. MA60 (Price-based):
MA60 = $151.56
Current price is below MA60 → bearish short-term signal
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✅ Possible Trade Setup
1. Entry Signal:
If entered a short trade at ~$152–153 based on breakdown of trend or rejection near resistance, it's a good entry.
2. SL (Stop-Loss) Suggestion:
Near the previous local high or above resistance:
🔺 SL: $153.20 – $154.00
3. TP (Take-Profit) Suggestion:
Support zone near $147.50 (24h low)
✅ TP1: $149.80,
✅ TP2: $147.50
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💰 Profit or Loss Assessment
If shorted at $153:
Current Price: $151.24
Profit: $1.76 per SOL (~1.15%)
Trade is in profit currently
If longed at $153:
You are in loss of ~$1.76 per SOL
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🧭 Conclusion
Trend: Bearish
Volume: Sellers in control
Position: Favor short entries until a breakout above $153
Strategy:
Tight stop-loss for shorts above resistance
Wait for a clear reversal for long positions