Alright, let’s break down the chart and indicators from your screenshot to help plan a smart trade on SOL/USDT.

Chart Overview (1h timeframe)

Current Price: $118.84

24h Range: $101.26 – $121.00

Price Change (24h): +12.44%

Volume: High, with solid buying pressure seen in recent candles

MA Levels:

MA(7): $113.64

MA(25): $107.69

MA(99): $109.53

Indicators Summary:

RSI (6): 80.95

Overbought: Be cautious, this could indicate a pullback is near.

MACD:

DIF: 2.77

DEA: 1.11

MACD Histogram: 1.66

Bullish Momentum: The MACD line is well above the signal line.

Candlestick Action:

Sharp green candle recently broke out above $109 (near MA(99)).

Local high at $121, with slight pullback to $118.

Trade Plan:

If you're not in the trade yet:

Wait for a dip or confirmation

Entry Range: $113 – $115 (close to MA(7) or MA(25))

Stop Loss: Below $109 (MA(99), recent resistance turned support)

Take Profit Targets:

TP1: $121 (recent high)

TP2: $125–$130 if momentum continues

If you're already holding:

Consider partial profit-taking near $121 (or scale out at intervals).

Tighten your stop loss to just under $113–$115, to lock in gains.

Watch volume and RSI: cooling RSI with falling volume could signal reversal.

Key Watchouts:

RSI > 80 = Overbought; could pull back soon.

Large green candle = Possible exhaustion or breakout continuation.

Watch the 1h MA(7) support. If price stays above it, trend may continue up.