🔍 Technical Analysis: SOL/USDT (1H Timeframe)
Current Price: $141.41
24h Change: -4.08%
24h High/Low: $148.81 / $135.69
Indicators Used: MA(5), MA(10), Volume Profile, Candlestick Pattern
📉 Trend Summary:
Short-Term Trend: Bearish momentum appears to be cooling after hitting the 24h low at $135.69, followed by a short-term bounce.
Volume Spike: A significant volume candle occurred near the bottom (likely a liquidation candle), indicating potential reversal interest.
MA Crossover: The MA(5) crossed below MA(10) recently, which is a short-term bearish signal, but they're converging again.
---
📈 Trade Setup (Scalp or Short-Term Swing):
🟩 Long Entry:
Entry Zone: $140.00 – $141.50
Confirmation: Hold above $141.00 on next 1H candle + bullish volume growth
Target 1: $144.80
Target 2: $147.50
Stop Loss: $138.80 (below support zone)
🟥 Short Entry (if price fails to reclaim MA(10)):
Entry Zone: $141.00 – $142.00 rejection
Confirmation: Strong rejection candle + decreasing volume
Target 1: $137.50
Target 2: $135.70
Stop Loss: $144.00
---
🧠 Key Levels:
Support: $138.80 / $135.69
Resistance: $144.80 / $147.00 / $148.81
Breakout Level: $148.81 (if reclaimed, major uptrend can continue)
---
⚠️ Risk Management:
Risk per Trade: Max 1-2% of capital
Use trailing stop-loss if entering long after bounce confirmation
Avoid chasing trades—wait for setup confirmation
---
🚨 Trade Here👉$SOL
Trade at Your Own Risk.