$SOL $SOL $SOL
$SOL/USDT 1H Chart – Bullish and Bearish Trading Plan
Bullish Plan (Long Position)
When to Enter a Long Trade:
Stochastic RSI: Blue line crosses above white from below 20 – early sign that buying momentum is coming back.
MACD: Histogram turns green, and the MACD line crosses above the signal line – shows momentum shift.
Price Action: Candle closes above the EMA21 (currently around 138.13) – confirms possible trend reversal.
Volume: A green candle appears with a noticeable increase in volume – confirms buyer interest.
(Optional) RSI(6) or RSI(12) crosses above 40 – adds strength confirmation.
Stop-Loss: Just below the recent swing low (around 135.00–135.50)
Profit Targets:
Target 1: EMA50 at 137.59
Target 2: Previous resistance around 140–141.50
Target 3 (if breakout is strong): Up to 145
Bearish Plan (Short Position)
When to Enter a Short Trade:
Stochastic RSI: Blue line crosses below white from above 80 – signals fading bullish momentum.
MACD: Histogram stays red or increases in red bars; MACD line remains below signal line – shows bearish pressure.
Price Action: Price gets rejected and closes below EMA21 (138.13), or drops below EMA50 (137.59) after a weak bounce.
Volume: Red candle forms with rising volume – confirms sellers are stepping in.
(Optional) RSI(6) drops below 30 – adds confirmation of weakness.
Stop-Loss: Just above the recent swing high (around 138.50–139.00)
Profit Targets:
Target 1: EMA200 at 131.87
Target 2: Key support at 130
Target 3 (if breakdown continues): 128–126 zone
Quick Note: Always wait for confirmation on multiple signals before entering. Stick to your stop-loss and manage risk properly.
