$SOL ๐ โSOL AT THE EDGE! ๐ฅ Will $154 Break or Fake?โ
๐ Current Price: $152.69 (+2.46%)
๐ 24h High/Low: $153.88 / $148.86
๐ Chart Timeframe: 1H
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โ Live Technical Snapshot
Indicator Status Signal
RSI (62.2) Bullish Zone Still has room to run
Stoch RSI (81.74) Overbought-ish Minor cool-off expected
MACD Bullish Crossover Buy momentum building ๐
EMAs (7/25/99) 7EMA > 25EMA > 99EMA Strong short-term bullish structure ๐ฅ
OBV Positive uptick Accumulation on low dips
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๐งญ Trading Strategy: Dual Entry Plan
๐ข 1. Early Long Entry (Pullback Buy)
Entry: $150.50 โ $151.30
Why:
Price retracement toward 25EMA & minor liquidity pocket
Stoch RSI likely to reset โ better risk-reward
Stop Loss: $147.9
Target 1: $154.4
Target 2: $158.5
Target 3: $165 (swing)
๐ง Use small position sizing here if unsure; it's an anticipatory move before confirmation.
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๐ต 2. Breakout Trade (Momentum Entry)
Trigger: 1H Candle Close Above $154.5 with volume > 350K
Why:
$154.4โ154.8 = Key resistance zone
MACD support + RSI room = Clean runway ahead
Entry: $154.5 โ $155.2 (on confirmed breakout)
Stop Loss: $151.9
Target 1: $159
Target 2: $165
Target 3 (extended): $172
๐ก Use 50% position size here, then add more after confirming above $158.
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๐ Risk Management Plan
Max Portfolio Exposure: 3โ5%
Leverage Suggestion (If Futures): x3โx5 max due to breakout volatility
Trailing Stop: Activate once price breaks $158
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๐ Pro Tips:
Volume Watch: Today's break attempt has not yet matched the July 7th spike โ Be patient ๐งโโ๏ธ
MACD Strength: Building, but still early. Confirmation in next 2โ4 candles could trigger strong uptrend.
BTC Correlation: BTC is ranging below $108K โ If BTC spikes/drops, SOL will react instantly.
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๐ข Final Verdict:
> โ Bias: BULLISH
๐ฅ Momentum Building, but needs that $154.5 breakout to ignite.
๐ง If rejected at $154, donโt panic โ reload at $150 for better RR.