Here is the latest 1-hour time frame complete signal for Solana (SOL), including both technical and fundamental analysis.
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📊 Current Market Situation
Current Price: Approximately $180.70 per SOL
Today's High: $183.26
Today's Low: $174.93
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🔍 Technical Analysis (1-hour time frame)
Moving Averages (MAs): 13 Buy, 2 Neutral, 0 Sell — indicating a strong bullish trend in the market.
RSI: Approximately 54 — Neutral but leaning bullish.
MACD: Slightly Bullish Signal, currently supporting crossover.
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🌐 Fundamental Situation
Market Cap: Approximately $97 billion.
All Time High (ATH): $294 — current price is approximately 38–40% lower than this.
Solana's ecosystem is strong and developer activity is high, which is a positive sign for the long term.
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🎯 Trade Setup (on 1-hour chart)
Trade Type: Short-term support-based buy trade
Trend: Slightly Bullish
📌 Entry:
Between $180 and $181, provided the candle closes above $180.5.
📌 Stop Loss (SL):
Short SL: $178
Safe SL: $176 (for traders with more margin)
📌 Take Profit (TP):
1. First Target: $184–185
2. Second Target: $188–190 (if market strength holds)
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📝 Summary in simple Urdu
"Currently, Solana's price is approximately $180.7. The market trend on the hourly chart is bullish. If the price confirms and closes above $180–181, a buy trade can be taken.
Keep stop loss at $178 (or $176). First target is $184–185 and second is $188–190. RSI is moving from neutral to bullish and moving averages are showing strong buy signals."