$SOL / USDT Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

1. SOL / USDT Market Overview:

• Current Market Price: $151.15

• Trend: Consolidating near short-term support; momentum slowing.

2. SOL / USDT Technical analysts:

• MACD: Bearish crossover, histogram red — short-term weakness.

• RSI(6): 53.60 — neutral zone, no extreme signals.

• Stoch RSI: Rebounding from oversold, early bullish momentum.

• Supports: $149 (high liquidation cluster), $146.5 (EMA100 + demand zone).

• Resistance: $154.2 (recent swing high), $156 (liquidity zone).

3. $SOL / USDT Spot Trading Setup:

• Buy Zone: $148–$150 (EMA confluence + demand liquidity zone)

• TP1: $154.2 (recent top)

• TP2: $156 (liquidity resistance zone)

• TP3: $159 (top liquidity strip)

• SL: Below $146 (break of structure + 100EMA)

———— Best Course of Action:

Buy — Price is testing key support zones with early oversold recovery on Stoch RSI.

4. $SOL / USDT Futures Trading Setup:

• Long Setup:

• Entry: $149–$150

• TP1: $154.2

• TP2: $156

• TP3: $159

• SL: Below $146 (invalidation of bullish bias)

• Short Setup:

• Entry: Below $146

• TP1: $142

• TP2: $138.5

• TP3: $134

• SL: Above $149.5

———— Best Course of Action:

Long — Bounce from support with early bullish signals suggests potential continuation.

[Note: This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.]