$SOL
SOL/USDT Futures Trading Signal
Market Sentiment Slightly Bearish to Neutral
- Price is below the MA25 ($138.25) and MA99 ($143.20), indicating short-term weakness.
- Current price ($136.14) is near MA7 ($135.65), which could act as minor support.
- Declined -2.89% in 24h, with volume at $463M USDT (moderate selling pressure).
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Key Levels
-Resistance:
-$137.34 (immediate)
-$140.85 (next key level)
-$142.60 (24h high)
-Support:
-$135.65 (MA7, minor support)
-$133.82 (recent swing low)
-$130.90 (24h low, strong support)
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Trading Strategy
Scenario 1 (Short Trade – Bearish Continuation)
Entry: $136.00 - $137.00 (near resistance)
-Take Profit (TP):$133.80 → $130.90
-Stop Loss SL:$138.50 above MA25
Scenario 2 Long Trade – Rebound Play
-Entry:$133.80 - $135.00 if holding support
-Take Profit TP:$137.50 → $140.00
-Stop Loss SL:$130.50 below 24h low
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Additional Notes
-MACD/RSI Confirmation: If available, check for bearish divergence (for shorts) or oversold bounce (for longs).
-Volume Watch: A break below $133.80 with high volume could signal further downside.
Risk Management: Use 1-2% risk per trade and adjust leverage carefully.
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Disclaimer: Always confirm with real-time data before execution. 🚀
