๐๏ธDate - July 12,2025
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๐ Key Observations:
1๏ธโฃ Current Price: $162.99 (โผ -2.02% in 24h)
2๏ธโฃ EMAs:
EMA(7): $158.44
EMA(25): $152.91
EMA(99): $154.19
๐ Price is above all EMAs, showing bullish trend, though EMA(99) > EMA(25) indicates long-term strength despite short-term dip.
3๏ธโฃ RSI(6): 71.73 (โ ๏ธ Overbought).
4๏ธโฃ Stochastic RSI: 92.69 (๐จ Extremely overbought), MA: 93.96.
5๏ธโฃ 24h Range: $159.54 โ $168.20.
6๏ธโฃ Volume:
24h SOL: 3.94M
24h USDT: $646.71M
๐ Current Vol: 404.8K vs. MA(5): 2.76M โ Weak selling pressure.
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๐ก Interpretation:
โ Bullish trend intact above EMAs.
โ ๏ธ Overbought RSI + price dip โ likely short-term consolidation.
๐ Critical Supports: $159.54 & $158.44 (EMA7).
๐ Resistance: $168.20 & next at $168.36.
๐ Divergence: High Stoch RSI + price drop โ possible pullback soon.
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๐ฎ Price Prediction:
๐ Short-term (1โ3 days):
Test $158โ$160 (support) before bounce.
Break below $158.44 โ may fall to $152.91 (EMA25).
๐ Medium-term (1โ2 weeks):
Stay above EMA(99) ($154.19) โ uptrend continues.
Breakout above $168.20 โ targets $175โ$180.
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๐ Trade Plan
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๐ Scenario 1: Buy at Support (High Confidence)
๐ฏ Entry: $159.50โ$158.50
๐ Stop-Loss: $157.00
๐ฏ Targets:
TP1: $162.99 (break-even)
TP2: $165.00
TP3: $168.20
๐ Risk-Reward: ~1:4
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๐ฅ Scenario 2: Breakout Trade
๐ฏ Entry: Daily close above $168.20 (with strong volume)
๐ Stop-Loss: $165.00
๐ฏ Targets: $175 โ $180
๐ Note: Wait for RSI <65 to confirm breakout strength.
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๐ป Scenario 3: Aggressive Short
๐ฏ Entry: $166โ$167.50 (if RSI rejects & bearish candle)
๐ Stop-Loss: $168.50
๐ฏ Targets: $160 โ $158
๐ Trigger: Bearish reversal pattern on 1H/4H.
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โ๏ธ Risk Management:
๐ Max position: 2% of capital.
๐ Leverage: Max 5x (high volatility).
๐ Hedge: With BTC or stablecoins.
๐ Exit:
Trail SL if +5% profit.
Close long if EMA(7) breaks with high volume.
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๐ Conclusion:
โจ SOLโs dip looks like a healthy bull-market pullback. Best opportunity: longs near $158โ$160 with tight SL.
๐ซ Avoid chasing above $165 until RSI cools <65.
๐ฅ Breakout trades need strong volume.
๐ Watch BTC โ SOL often follows it!
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๐ Updated: 2025-07-12 โ Reassess if price breaks $168.20 or $157.00.
๐ช Stay disciplined & trade smart! ๐
Trade from here ๐ $SOL