$SOL

🔎 Chart Analysis

Current Price: $192.87 (+2.51%)

24h High / Low: $193.87 / $185.20 → Price is near the top of the day’s range.

Moving Averages (MA):

MA(7) = 192.53 → Price just above short-term support.

MA(25) = 189.39 → Bullish as price is above it.

MA(99) = 193.83 → Price is just below this longer-term resistance.

RSI (6): 64.7 → Not yet overbought (>70), but leaning bullish.

MACD: Positive (DIF > DEA), momentum still bullish.

Volume: Decent buying volume.

📈 Trade Plan (Short-Term, Based on 1h Chart)

Bullish Scenario (If you expect uptrend continuation)

Entry: $191 – $193 (current zone, after a small dip).

Target 1: $196

Target 2: $200 (psychological resistance).

Stop-Loss: Below $189 (under MA25 support).

Bearish Scenario (If rejection at resistance continues)

If price fails to break above $194–$195, it may pull back.

Entry (short): If candles close below $190.5.

Target: $187 – $185 (previous low).

Stop-Loss: Above $195.

✅ Risk Management

Risk only 1–2% of your capital per trade.

Stick to your stop-loss.

If you want safer play: Wait for a clear breakout above $194.5 with strong volume before going long.