$SOL

🔎 Technical analysis

Price: $207.75 (+13.35% in 24h)

24h Range: Low $177.27 → High $208.62

Indicators:

MA(7): $201.72

MA(25): 193.51

MA(99): $185.10

RSI (6): 86.25 → Overbought zone

MACD: Positive, showing bullish momentum

Volume: High, confirms strong buying interest

⚖️ Trade Plan

1. Entry

Aggressive entry: Now around $207–208 (but risky since RSI is high).

Safer entry: Wait for a pullback to $200–202 (near MA(7) support) or even $193–195 (MA(25)).

2. Targets (Take Profit Zones)

Short-term TP1: $215 (psychological & resistance level above $210)

Mid-term TP2: $225 (next resistance zone if momentum continues)

Stretch TP3: $240+ (if market remains very bullish)

3. Stop Loss

Conservative stop-loss: $196 (below recent consolidation)

Safer stop-loss: $185 (below MA(99) & previous strong support)

📊 Risk Management

Don’t risk more than 1–2% of your capital per trade.

Since RSI is very high, be cautious of a sharp pullback.

If entering now, scale in gradually (partial buy) rather than all at once.

✅ Summary: SOL is very bullish but overheated (RSI 86). Best plan is to wait for a dip to $200–202 before entering. If you enter now, use a tight stop-loss and aim for $215–225.