$SOL

Chart Analysis

Price: $207.96 (+7.74%)

24h High/Low: $209.40 / $192.25

Moving Averages (MA):

MA(7): 205.93 (support, price above it)

MA(25): 200.73 (stronger support)

MA(99): 199.90 (long-term support)

RSI (6): 76.68 → Overbought zone (a pullback is possible)

MACD: Positive, bullish momentum still intact

Volume: Rising, confirming the breakout

📈 Trade Plan

Entry Options

If you’re already in, hold but prepare for a pullback.

If not in, wait for a retracement around $203–205 (near MA7/MA25 support) before buying.

Stop Loss (Risk Management)

Conservative: $199 (below MA99)

Aggressive: $202 (below MA25)

Targets

Short-term: $210–215 (resistance at round numbers & recent high)

If strong breakout: $225–230

If momentum weakens: could dip back to $194–197 support

Indicators to Watch

RSI above 75 = overbought → take partial profit.

Volume: if dropping while price rises → trend weakening.

If MACD crosses down → bearish reversal signal.

Keep stop loss below $200 to protect downside.