🔍 Comprehensive technical analysis $SOL
⏱ Timeframe 1D (Long-term)
• Current price: 151.49 USDT
• EMA(7) > EMA(21): Short-term moving average starting to cross above EMA(21) → initial positive signal.
• MACD: Above 0 and MACD line is crossing up → signs of increase but not clear yet.
• RSI(14): ~51.9 → neutral, not in overbought/oversold territory yet.
• Converging triangle pattern: Approaching the breakout area (strong resistance around 155).
⏳ Conclusion: SOL is in a sideways – accumulation phase, with potential for breakout.
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⏱ Timeframe 4H (Medium-term)
• Price: 151.43 USDT
• EMA(7) = 150.89, EMA(21) = 150.31, EMA(200) = 150.08
→ Price is holding above the major EMAs, quite positive.
• RSI: ~55.3 → buying pressure is gradually increasing.
• MACD: Slightly positive, accumulating upwards.
⏳ Conclusion: An upward momentum has formed, may test the range of 154–156 if it breaks 152.5.
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⏱ Timeframe 1H and 15M (Short-term)
• EMA(7), EMA(21), and EMA(200) are close together → the market is consolidating, no breakout yet.
• RSI and MACD are both neutral to slightly positive.
• The most recent candle is either a doji or small → waiting for direction confirmation.
⏳ Conclusion: No clear breakout yet, but slight upward signals are forming.
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✅ Trading strategy $SOL today (9/7/2025)
Main strategy: Buy when breakout occurs, avoid entering early during sideways.
🔹 Scenario 1: Upward breakout
• Conditions: Price breaks through the range of 152.8 – 153.5 with high volume.
• Entry: 153.2 – 154
• TP: 156 – 160
• SL: 150.5 (cut losses early in case of fakeout)
🔹 Scenario 2: Buy at support zone
• Good entry: 149 – 150.5
• TP: 152.5 – 154
• SL: 147.5
🔹 Scenario 3: No trading
• If the price continues to move sideways 151–152 without a breakout → stay out and wait for clear signals.
