📉 Chart Analysis Summary (1H Timeframe)
Entry and Exit Zone, for new and pro Spot Traders$
Current Price: $149.29
24h Range: Low $147.70 → High $153.60
RSI (Relative Strength Index): ~53 — neutral zone (not overbought or oversold)
MA Levels:
MA(7): $148.82 → short-term support
MA(25): $150.38 → current resistance
MA(99): $149.29 → price is hugging this long-term average, signaling potential breakout area
🟩 For a New Spot Trader (Simple Plan)
✅ Entry Point (Buy Zone)
> Buy between: $147.50 – $149.50
This range includes the recent support level and the MA(7) + MA(99) line.
Wait for a slight dip below current price to get a better entry.
You can also use a limit order at $148 for safe entry.
❌ Stop-Loss (Exit if trade fails)
> Place Stop-Loss: $145.00
Below the recent low of $145.90 → gives room but protects from big losses if SOL drops sharply.
Keeps loss at ~3%, ideal for spot trading discipline.
🟢 Target 1 (First Profit Area)
> Take Profit at: $153.50 – $154.00
This is the recent resistance zone, where SOL failed to stay above.
Take 50% profit here to secure gains.
🔵 Target 2 (Second Profit Area)
> Take Profit at: $159 – $162
If breakout is strong (especially if news or volume supports it), SOL can push to next resistance zone.
Use trailing stop to ride the trend beyond $154.
📌 Bonus Tips for New Spot Traders:
Always trade with a plan: Entry + Exit + Stop-loss
Avoid buying after a big green candle, wait for a small pullback
Don't use 100% of funds in one trade — split in parts (e.g., 50% now, 50% lower if it dips)
🔍 Summary:
Step Price Range Action
Buy $147.50 – $149.50 Entry Zone
Stop-Loss ~$145.00 Protect losses
Target 1: $153.50 – $154.00 Take some profit
Target 2: $159 – $162 Maximize gains if breakout continues