$SOL
Alright, let's look at your SOL/USDT setup based on the two charts you shared (4h and 1h timeframes):
First, some quick key points from your screenshots:
Price: ~$151.60
24h High/Low: $157.00 / $149.87
RSI (Relative Strength Index): Around 52–53 → neutral, not overbought/oversold.
MACD (Moving Average Convergence Divergence):
4h: MACD still positive but slightly weakening.
1h: MACD almost neutral, slight bearish momentum.
Volume: Decreasing slightly → no major buying pressure right now.
Moving Averages:
4h: Price is sitting near MA(7) and MA(25) → short-term support/resistance.
1h: Price is just below MA(25), above MA(99) → slight short-term weakness but longer-term support nearby.
Trade Planning:
Aspect Analysis Action Plan
Trend (4h) Uptrend cooling off (mild pullback). Bullish bias but careful.
Trend (1h) Weakening → sideways or small downtrend. Watch for breakout/reversal.
Support $150 (psychological & near MA(99)) Good place to buy if bounce.
Resistance $157 (24h high), then ~$158 Sell target if buying lower.
Entry Idea Wait for bounce above $150 or clear breakout above $153 (MA25 on 1h). Safe entry if price shows strength.
Stop Loss Close below $149.50 (below recent low). Limit your downside risk.
Take Profit Partial at $155, full around $157–158. Secure profits if price spikes.
Summary Recommendation:
Conservative Entry: Buy if SOL bounces off $150 with a bullish candle.
Aggressive Entry: Buy if SOL breaks and holds above $153.
Stop Loss: $149.50
Take Profit: Scale out at $155, $157.
ChatGPT can make mistakes