$SOL 💱 SOL/USDT Live Snapshot

Price: $163.04 USDT, down ~2.3% over the past 24h

24h High / Low: ~$171 / ~$161

Volume: ~$4.8B–$4.9B

⚖️ Technical Overview

Indicators:

RSI (14): ~44 (neutral–slightly bearish)

MACD: negative → sell signal

Stochastic RSI: oversold

ADX: ~28–29 (neutral)

Technical Ratings:

Daily rating overall: Neutral / Sell bias

Moving averages: majority Sell on short to mid terms (MA50, MA200 below price)

🧭 Support & Resistance (Daily Pivot Points)

Support Levels: $162.58, $161.83, $160.88

Resistance Levels: $164.27, $165.23, $165.97

📉 Market Sentiment

Trend: Short-term bearish pullback; long-term bullish structure intact

Momentum weakening as SOL rejected near $171, with bearish RSI/MACD divergence and rising volume

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🎯 Trade Strategy

✅ Pullback Entry Zone: $160.80–$162.60

Enter only after bounce confirmation (green candle with rising volume)

Stop-Loss: below $160.80

Take-Profit Targets (TP): $164–$165 → $168+ if bullish momentum resumes

🚀 Breakout Entry: Above $165.30

Confirm daily close above resistance with volume

Enter on next green candle

Stop-Loss: approx $164

Target: $168–$170+

⚠️ Pause Trading If:

SOL dips below $160.80 with volume – risk of deeper pullback; wait for new setup

#sol