$SOL Short-Term Trade Signal – Caution Near Resistance
Current Price: $149.65 (+4.75%)
Trend: Pullback in progress after hitting resistance at $152.70
Key Indicators:
EMA(7): 150.27 (now acting as resistance)
EMA(25): 150.39
EMA(99): 148.00
24h High: 152.70
24h Low: 142.68
Trade Setup:
Entry (Long on Reclaim): Above $150.50
Stop Loss: $148.80 (below EMA99)
Target 1: $152.00
Target 2: $154.00
OR
Entry (Short): Below $149.00
Stop Loss: $150.50
Target: $147.00 – $145.50
Market Outlook:
SOL is testing support around the 99 EMA. A break below could trigger a short move, but reclaiming the EMAs would revive bullish momentum. Wait for confirmation before entering.
⚠️ Watch closely — this zone is key for SOL’s next direction.