Technical Analysis:

Trend:

SOL/USDT is in a strong uptrend after bouncing from a major bottom around $95.26. It made a local top at $157.00 and is now consolidating slightly above the 7 EMA and 25 EMA.

Moving Averages (EMA 7/25/99):

Price is currently above all three EMAs (7, 25, 99), confirming an ongoing bullish trend.

7 EMA (149.20) is crossing above 25 EMA (148.88), which is a bullish crossover signal.

MACD:

MACD histogram is near the zero line but turning slightly positive.

The MACD line (-0.35) is below the signal line (0.81), no clear crossover yet, but potential for bullish momentum.

RSI (Relative Strength Index):

RSI (6) is at 62.54, indicating moderate strength, not overbought (>70) or oversold (<30).

It shows space for further upside before hitting overbought levels.

Volume:

Volume is moderate, but enough to support price movements.

No sharp spikes yet, suggesting a gradual climb rather than a parabolic move.

Support and Resistance:

Immediate support: $148 - $149 (EMA cluster support).

Stronger support: $140 (near 99 EMA).

Immediate resistance: $157 (recent high).

Further resistance: $160 (psychological round number).

Trading Signal for Intraday:

Type: Intraday Long (Buy)

Plan:

Entry Point (Buy Zone):

Entry 1: $149.50 - $150.20 (near 7 EMA and slight retracement zone).

Entry 2 (if pullback): $147.00 - $148.00 (near 25 EMA).

Stop-Loss (Risk Management):

Place stop-loss at $146.00 (below 25 EMA and psychological level).

Take-Profit Targets:

TP1: $155.00 (first resistance, partial exit ~50% position).

TP2: $157.00 (test of recent high, exit more).

TP3: $160.00 (final target if momentum is strong).

Risk-Reward Ratio (RRR):

Entry at $149.50 with stop at $146.00:

Risk = 3.5 points.

TP1 at $155.00:

Reward = 5.5 points.

RRR = ~1.57 (Good).

TP2 and TP3 offer even better RRR.

Summary Table:

If price breaks and closes below $146 on the 4-hour, re-evaluate the bullish bias.

Watch MACD crossover; a bullish cross would strengthen this signal.

Monitor Bitcoin (BTC) price as SOL is highly correlated — if BTC drops sharply, SOL may follow.