$SOL
๐ $SOL/USDT Trading Tips
๐ป Trend: Strong Bearish Momentum
๐ Price: $166.29 (Down -9.82%)
โ ๏ธ EMA(7) < EMA(25) < EMA(99) โ Clear downtrend confirmation
๐ก Trading Tips:
Avoid catching falling knives โ wait for confirmation above $175 before re-entry.
Next strong support zone: $160 โ $165
Immediate resistance: $176 โ $183
RSI likely oversold โ short-term bounce possible but risky.
Only scalp with tight stop-loss below $163.
For safer plays, wait for EMA crossover or reversal candle on 4H chart.
๐Risk Management:
Use 2โ3% stop loss and avoid overleveraging โ volatility is high.
