Technical Analysis: SOL/USDT (1D)
Date: May 19, 2025
Current Price: $161.85
24h Variation: -6.28%
Technical Indicators:
EMA(7): $168.29 (above current price – short-term trend in correction)
EMA(25): $160.20 (current support area)
EMA(99): $155.52 (stronger dynamic support)
RSI(6): 40.85 (close to the oversold zone – may indicate bottom formation)
Volume: Decrease in recent sessions – possible exhaustion of selling pressure
Swing trade / spot opportunity:
Ideal entry zone: Between $158 and $162
Target (Take Profit): Range of $175 to $180
Stop Loss: Approximately 5% below the entry — around $153
My Extra Tip:
The chart shows a healthy retracement after strong appreciation. The current region coincides with important supports (EMA25 and proximity of EMA99), making it a good strategic entry point for swing trade or accumulation in spot.
Disclaimer:
This analysis is educational in nature and does not constitute financial advice. Do your own research and use appropriate risk management.
