🔸 SOL/USDT – Pullback from Recent Highs: Buy or Wait? | Master Trade Analysis 🔸

Overview

$SOL is trading at $129.44, down -6.72% on the 4H timeframe. After a strong push to $147.48, the price has retreated, indicating profit-taking and growing selling pressure. Bulls need to reclaim key support levels to prevent a deeper correction.

Technical Analysis

🔹 Bollinger Bands (4H): Upper ~$147.48, Middle ~$138.00, Lower ~$128.50 — Price is nearing the lower band, suggesting possible oversold conditions if selling persists.

🔹 MACD (4H): DIF -1.84, DEA -1.21, MACD -0.63 — Negative, reflecting a bearish crossover and momentum.

🔹 RSI (14, 4H): 38.62 — Leans oversold; a rebound is possible if buyers step in near support.

🔹 Stochastic (K/D, 4H): 26 / 32 — Slightly oversold territory, watch for a bullish crossover.

🔹 OBV (4H): 517.38M — Moderately high volume, but skewed to selling.

🔹 Volume (4H): 3.90M — Decent activity; a volume spike is needed for a reversal.

🔥 Trading Signal: SOL/USDT 🚀

💰 Current Price: $129.44

🔹 Trend: Short-Term Bearish

🔹 Timeframe: 4H

🔹 Support: $128.00 | Resistance: $135.00

🔹 Major Resistance Levels: $140.00, $147.00

🔹 Market Sentiment: Bearish

🔹 Buy/Sell Ratio: 45% Buy / 55% Sell

🔹 MACD Confirmation: Bearish

📊 Signal:

🟢 BUY/LONG Entry: $128 - $130 (if oversold bounce appears)

🎯 Targets: $135 | $140

🔴 Stop-Loss: $125

🔥 Master Trade Setup:

🔹 SOL is testing the lower Bollinger Band; a bounce here could retarget $135 or higher.

🔹 If price breaks below $128, watch for further downside toward $120.

🔹 RSI near 38 suggests a possible relief rally if buyers defend key support.

💬 Will $SOL bounce off the lower Bollinger Band for a quick recovery, or break support and continue sliding?

🛡️ Risk Management

🔹 Risk 2-5% per trade

🔹 Stick to stop-loss

🔹 Aim 1:2+ R/R

🔹 Avoid FOMO & chasing

🔹 Adjust for volatility

⚠️ Always DYOR before trading!

📌 Note: Futures trading may not be Shariah-compliant. Trade responsibly.