📍#solana Technical Analysis (2025/08/24 Morning Analysis)
SOL bulls are in full swing! All three timeframes are generally above the moving averages and Pivot; I am bullish, looking to handle pullbacks with a positive bias.
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#SOL 1D
Trend: Medium Bullish. Description: Closed above EMA9/21, above monthly P=174.63, with resistance R1=204.06.
🔹 Long Position Information:
🛑 Stop Loss: 193.85 (Daily EMA9)
🟢 Add Long: 204.06 (Monthly R1 retest, not triggered), 191.43 (Weekly P, not triggered)
🚀 Breakout Add Long: 210.00 (Close above 1D/4H)
🎯 Take Profit: 216.03, 235.91, 265.51
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#SOL 4H
Trend: Medium Bullish. Description: Above EMA9/21 and Weekly P (191.43), momentum is positive.
🔹 Long Position Information:
🛑 Stop Loss: 194.90 (4H EMA21)
🟢 Add Long: 201.00 (EMA9 pullback, not triggered), 191.43 (Weekly P, not triggered)
🚀 Breakout Add Long: 209.42 (Weekly R1)
🎯 Take Profit: 216.03, 227.86
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#SOL 1H
Trend: Small Bullish. Description: Price is above EMA9/21, Daily P (202.67) and Session VWAP and is turning upwards, right side established.
🔹 Long Position Information:
🛑 Stop Loss: 202.80 (1H EMA21)
🟢 Add Long: 205.27 (VWAP, not triggered), 202.67 (Daily P, not triggered)
🚀 Breakout Add Long: 210.00
🎯 Take Profit: 213.00, 216.03
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【#SOL Strategy Summary】
Operational Suggestions:
- Contract Bias: Bullish; add positions gradually along VWAP/Daily P in 1H, look to add on a breakout at 209.4
- Risk Control: Stop loss below 194.9 on 4H close; downgrade rating if daily closes below 193.85
- Targets: 213→216→235.9→265.5
- Short-term: Long; Medium-term: Bullish extension; Long-term: Medium Bullish