Today Update ,#Solanacoin
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Chart Overview (4H Timeframe)
Current Price: 171.31
RSI(6): 65.71 → Approaching overbought, but still has room
Support Level: Around 164.00
Resistance Level: Around 178.30
Moving Averages:
MA(7): 167.86
MA(25): 171.16
MA(99): 162.09
Price has just broken above MA(25), which indicates a bullish signal.
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Trading Plan
Entry Point:
Ideal buy zone: 170.50 to 171.50
Enter after small consolidation or a strong bullish candle
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Stop Loss:
Place below recent support:
Stop Loss: 163.50
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Take Profit Targets:
TP1: 174.50 (near resistance)
TP2: 178.30–179.00 (strong resistance level)
TP3: 185.00+ (if the rally continues)
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Risk/Reward Example:
Entry: 171.00
Stop Loss: 163.50
Take Profit 1: 174.50
Take Profit 2: 178.50
