$SOL
SOL/USDT - Sell Signal (Short-Term Overbought)
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▶ Entry (Sell): 195.00 - 195.50
✅ Take Profit 1: 191.70
✅ Take Profit 2: 188.00
⛔ Stop Loss: 197.00
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📊 Multi-Timeframe Analysis:
· 4H: Weak Uptrend (Price above EMA 200 but below EMA 50)
· 1H: Overbought (RSI 7 at 77.72) with resistance at 195.50
· 15M: Negative Divergence on MACD with declining volume
🎯 Entry Triggers:
· Price retracement to the resistance area 195.50 (EMA 9 on 15M)
· Weak bullish momentum on the MACD across timeframes
⚠️ Alternative Scenario (Buy):
If the price breaks 197.00 ⇒ targets 200.00 (Psychological Resistance)
📉 Summary:
Selling from current levels towards 188.00 while monitoring support test at 191.70.
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Note:
· Risk/Reward Ratio: 1:2.1
· The currency shows short-term overbought signals
· Monitor Bitcoin performance and the overall market for any change in direction
