“DCA Strategy for SOL/USDT: Riding the Uptrend with Smart Risk Management!”
• Trend: The price is in a slight uptrend, above key EMA lines (EMA 7, 25, 99), indicating good support from the moving averages.
• RSI: RSI(6) and RSI(12) are both above 65, signaling a slight overbought condition, caution is needed with selling pressure.
• MACD: The MACD indicator is crossing above the signal line (DEA), supporting the uptrend.
• Stochastic RSI: Showing signs of declining from the overbought region, which may lead to a short-term correction.
DCA Strategy (Buy):
• Enter buy orders at the price level of $180, dividing capital to place orders at levels $180, $178, and $176.
• Take Profit (TP) at $185 (near the most recent peak).
• Stop Loss (SL) at $175 (below the EMA 99 support).
Note to manage capital and stay aligned with the short-term trend.