$SOL Will the Target return to the level of $160 after adjustment?
- EMA 1H: The price is slightly below EMA24 but above EMA54 and EMA89, indicating that the market is slightly sideways in a larger uptrend (larger EMA below the price). 4H timeframe: The price is clearly above all EMAs (EMA24 = 149.14, EMA54 = 143.5, EMA89 = 138.7). Strong uptrend (bullish).
- BOLL 1H: The price is close to the Mid-Band, slightly leaning towards the bottom (Lower Band near 149.6). The BB range is narrowing, indicating a strong volatility (breakout) is imminent. 4H timeframe: The price is above the Mid-Band and the BB range is still slightly widening, confirming the uptrend.
- VOL 4H: Volume remains stable, with no significant reversal signals yet.
- MACD 1H: MACD is near 0, histogram is very small → neutral trend, waiting for signals. 4H MACD is positive, positive histogram indicating the bullish trend is still maintained.
👉 Main trend: Slight increase. If VOL increases significantly during the European or American session, it confirms the uptrend.
👉 Buying strategy:
- Buy zone:
Prioritize placing orders around Fibonacci 61.8–78.6%: 152.6 – 151.4 USDT
EMA24 (1H) and mid-band (4H) converge around 151.0–152.0 → good support
- Stop-loss:
Below the 24h low: 148 USDT (slightly below Lower BB 1H)
- Take-profit (targets):
TP1: 50% Fib → 153.4 USDT
TP2: 38.2% Fib → 154.3 USDT
TP3: 23.6% Fib → 155.3 USDT
TP4 (extended): 157.0 USDT (24h peak)
If breakout above 157, with high volume, aim for 160 USDT
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