### Analysis of SOL/USDT for Long and Short
#### 📊 Current Situation:
- Price: 212.87 $ (-8.06%)
- Maximum in 24 hours: 231.64 $
- Minimum in 24 hours: 206.74 $
SOL is in correction after a recent decline. Let's analyze where to enter for a long or short.
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### 📈 Technical Analysis:
1. Moving Averages (MA):
- MA(7): 219.99 $
- MA(25): 231.21 $
- MA(99): 242.38 $
Price is below all key MAs, indicating a short-term bearish trend.
2. RSI (Relative Strength Index):
- RSI(6): 28.43 (in the oversold zone)
- RSI(12): 31.55
- RSI(24): 38.33
RSI significantly below 50, indicating strong selling pressure. However, RSI(6) in the oversold zone may signal a potential bounce.
3. Support and Resistance Levels:
- Support: 206.74 $ (minimum in 24 hours), 190.46 $
- Resistance: 219.99 $ (MA(7)), 231.21 $ (MA(25)), 231.64 $ (maximum in 24 hours)
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### 🎯 Entry Points:
#### For Long (Purchases):
- Condition: If the price bounces from the support level of 206.74 $ or 190.46 $ and starts to rise.
- Entry Point: 208.00 $ - 210.00 $
- Take-profit: 219.99 $ (first target), 231.21 $ (second target)
- Stop-loss: Below 206.74 $ (e.g., 205.00 $)
#### For Short (Sale):
- Condition: If the price cannot overcome the resistance level of 219.99 $ and starts to decline.
- Entry Point: 218.00 $ - 220.00 $
- Take-profit: 206.74 $ (first target), 190.46 $ (second target)
- Stop-loss: Above 222.00 $
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### 💡 Recommendations:
- For Long: Wait for confirmation of a bounce from support (e.g., candle closing above the level of 208.00 $).
- For Short: Wait for confirmation of a breakout through resistance (e.g., candle closing below the level of 218.00 $).
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### 🔥 Advice: #
Use stop-loss and risk management. SOL can be very volatile, so it's important to minimize losses.
Good trades! 🚀
#SOL #Trading #Crypto #Long #Short #Анализ $SOL