$SOL
Here’s a quick trade plan based on the current 1 hour setup:
1. Trend Check
Short-term: Price is just above MA(7) but still slightly under MA(25) → mild short-term recovery after a dip.
Medium-term: MA(25) is above MA(7), showing recent downward pressure.
Long-term: MA(99) is far below current price → overall long-term uptrend still intact.
2. Momentum & Strength
RSI(6) at 53.79 → Neutral, no overbought/oversold pressure yet.
MACD: Negative histogram but flattening → possible momentum shift to bullish if crossover happens.
3. Key Levels
Immediate resistance: 181.24 (MA25) → breakout here could send price to test 183.14 and 186.13.
Immediate support: 179.67 (MA7) → losing this could open drop to 177.42 (24h low).
Major support: Around 176.50.
4. Trade Plan Ideas
Bullish scenario (Long)
Entry: Break & close above 181.25 with volume confirmation.
Target 1: 183.10
Target 2: 185.90–186.10
Stop loss: 179.60
Bearish scenario (Short)
Entry: Break & close below 179.60 with momentum.
Target 1: 177.50
Target 2: 176.20
Stop loss: 181.30
5. Risk Management
Risk ≤ 1–2% of your capital per trade.
Avoid chasing — wait for candle close confirmations.
Market is in a consolidation zone, so fakeouts are possible.