✅ Quick overview $SOL
Current price: ~$162.70
Nearby resistance: ~$168.18–168.30
Nearby support: ~$158.00–159.50
Latest volatility: SOL has strongly increased from around ~$145 to a short-term peak of ~$168, currently undergoing slight correction.
🔍 Multi-timeframe analysis $SOL
🕒 Daily Frame 1D:
✅ EMA(7) > EMA(21) > EMA(50) → Short-term bullish trend is forming.
✅ MACD crossed up the signal line, histogram slightly positive.
✅ RSI(14): 60.3 → There is still room for increase.
⚠️ Strong resistance at the 168–170 area. Price is testing this area.
👉 Analysis: Daily trend is recovering well, but needs to exceed 168–170 to confirm continuation of the bullish trend.
🕓 4H Frame:
✅ Short-term peak created at 168.18, followed by a correction.
✅ Price currently remains above EMA 100 (152.2), bullish structure still intact.
⚠️ MACD is about to cross down, momentum signal is weak.
⚠️ RSI has dropped from overbought area, currently testing the 60 mark.
👉 Analysis: Price may correct to the support zone 158–160 before continuing to rise.
🕐 1H Frame:
❌ MACD crossed down, histogram negative → Momentum decreasing.
❌ RSI dropped below 50 → Weak signal.
✅ Price remains above EMA(200) but is currently testing again.
👉 Analysis: Currently in short-term correction, no clear entry signal in smaller frame.
🕒 15M Frame:
❌ MACD negative, RSI low (~48)
✅ Price slightly bounced from around 159.8
⚠️ EMA is messy → sideways – unclear short-term trend
📆 Weekly Frame (1W):
✅ MACD crossed up, Histogram increasing → Long-term recovery signal.
✅ RSI: ~51 → Trend is gradually strengthening.
✅ Weekly candle is closing above EMA(50) → Potentially bullish.
🎯 Trading strategy $SOL on 12/7:
1. Main strategy: Look for long positions during corrective waves
Optimal buy zone: $158 – $160 (EMA 50 and support zone)
SL: $155.0
TP1: $168.0
TP2: $174.0 if breakout occurs at $168
2. Secondary strategy (if price loses support)
If it breaks $158, there is a possibility of dropping to test the $152 – $154 area
→ Consider shorting to $154 if clear support is lost.