SOL/USDT Trade Plan
Current Price: 160.40 USDT (+10.24%)
24h Range: 144.68 – 163.18
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Scenarios
1. Bullish Continuation (Long Entry)
Trigger: Break and hold above 163.18 (24h high) with volume above MA(5)
Entry Zone: >163.20
Targets:
TP1: 165.00
TP2: 170.00
Stop Loss: Below 159.23 (EMA 7)
2. Intraday Pullback (Buy on Dip)
Trigger: Rejection at 163.18, then bounce from EMA(7) or EMA(25)
Entry Zone: 156.36–159.23
Targets:
TP1: 163.18
TP2: 165.00
Stop Loss: Below 156.00
3. Bearish Rejection (Short Entry)
Trigger: Strong rejection at 163.18 and breakdown below 156.36 (EMA 25) with volume spike
Entry Zone: <156.00
Targets:
TP1: 153.00
TP2: 149.74 (EMA 99)
Stop Loss: Above 159.23
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Key Confluence
Trend: Strong uptrend — Price above EMAs 7/25/99
Momentum:
MACD: Bullish (DIF 1.87 > DEA 1.40), histogram = 0.47
RSI(6): 73.62 (overbought zone)
Stochastic RSI: 74.05 < MA(86.94) (bearish crossover forming)
Williams %R: -31.17 (still overbought)
Volume: Strong – Vol = 112.35M; MA(5) > MA(10) = recent buying strength
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Risk Management
Overbought Indicators: Watch for reversal signals — RSI & Stoch RSI suggest cooling possible
Volume Focus: Only act on breakouts with volume above 225M (MA 5)
Risk-Reward: Stick to R:R ≥ 1:2; adjust stop-loss based on EMA levels
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Click on Trade Now if 163.18 is broken with strong volume. Otherwise, look for pullback to EMA(25) at 156.36 for a safer entry. Tight stops are essential in this overheated zone.