SOL/USDT,

🔍 Current Market Analysis

• Price: $136.01

• 24h Range: Low $130.90 — High $142.60

• Recent Trend: Downtrend (lower highs and lower lows)

• Indicators:

• EMA(9): 143.52

• EMA(21): 149.60

• Price is below both EMAs, indicating bearish momentum.

• RSI(25): 40.96 (weak, but not oversold yet)

• Volume: No unusual spikes indicating strong buying interest

📉 Trend & Support/Resistance

• Nearest Support: $130.90 (recent low)

• Nearest Resistance: $142.60 (recent high)

• Next Resistance Levels:

• $153 (confluence with previous candles and EMA resistance)

• $165–178 (previous swing highs)

✅ Should You Buy Now?

• Short-Term View: ⚠️ Caution advised

• Market is in a clear downtrend

• Price is below EMAs, with no strong bullish reversal signal yet

• RSI is weak, but not oversold — not an ideal “buy-the-dip” level

📌 Strategy: Wait for confirmation (e.g., a daily candle close above $143–$145 and strong volume) before buying.

🎯 Take-Profit Levels (if you decide to buy around $136)

TP Level Price Rationale

TP1 $143–145 EMA(9) zone & minor resistance

TP2 $153 EMA(21) zone & previous resistance

TP3 $165–178 Major resistance zone

🛑 Stop-Loss: Below $130.50 (recent swing low) — to limit downside risk.

🔄 Suggested Trade Setup (If you buy now):

• Entry: $136.00

• Stop-Loss: $130.50

• TP1: $143

• TP2: $153

• TP3: $165 (if strong momentum follows)

✅ Summary

• Don’t rush into buying — market still looks weak.

• If you want to enter, tight stop-loss and phased take-profit are essential.

• A better entry might come if RSI drops closer to 30 or price forms a bullish reversal.