$SOL /USDT Analysis (1D Timeframe) 📈

Current Price: 151.82 USDT 💵

24h High: 157.00 USDT 🚀

24h Low: 149.87 USDT 📉

Indicators:

Bollinger Bands:

Price touched the upper band (~160.76) and is now slightly pulling back 🔄 — showing minor consolidation after being overbought.

Moving Averages (MA5 & MA10):

MA(5) > MA(10) ✅ — confirming strong bullish momentum.

MACD:

DIF (6.31) is above DEA (3.42) 🔥 — bullish momentum continues.

Volume:

Volume is slightly decreasing 📉 — buyers are a little tired after the strong move up.

Chart Observations:

SOL is in a strong uptrend since the 95.26 USDT bottom 📈.

Facing resistance near 157 USDT 🧱.

Immediate support lies between 147-149 USDT 🛡️.

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Trading Plan 📝:

Entry (Buy Zone):

Between 150 - 152 USDT 🛒

Stop Loss:

Set at 147.00 USDT ❌

Take Profit Targets:

TP1: 157 USDT 🎯

TP2: 160-162 USDT 🎯🎯

TP3: 168-170 USDT 🚀🚀

Important Notes ⚡:

If SOL closes below 147 USDT on the 1D chart, exit the trade immediately.

Keep an eye on Bitcoin (BTC) too! If BTC falls hard, SOL might drop as well.

Always manage your risk carefully! 🛡️

#solana