$SOL #solana

* SOL/USDT 1H frame

1. OVERVIEW

Current price: 177.09 USDT

Change: +1.60%

Structure: Strong recovery from the bottom 169.14 up to near the old peak 178.33

2. TECHNICAL ANALYSIS

A. Trend

Current price is above both MA7 (176.41), MA25 (173.18), MA99 (176.75)

Has surpassed MA99 – positive signal confirming the short-term trend reversal to bullish

Volume is steadily increasing, indicating strong buying support

B. Technical Indicators

MACD:

MACD > 0 and is strongly separating from Signal

Green histogram expanding => strong and sustainable bullish momentum

RSI(6):

71.03 => entering overbought territory, may have slight correction but still has strength

Stochastic KDJ:

K: 86.3 | D: 83.88 | J: 91.15 => Strong overbought zone

However, there are no signs of divergence or negative crossovers

3. TRADING STRATEGY

A. LONG (priority)

Entry: 176.5 – 177.0 (near MA7 and MA99)

TP1: 178.5 (nearest resistance zone)

TP2: 180.8 – 181.5 (new resistance if breakout 178.3)

SL: 174.8 (below MA25 & confirmed candle bottom)

> High win probability, strong candle force – waiting for a slight pullback to enter better.

B. SHORT (higher risk, only consider if a strong rejection candle appears in the 178.3 – 179.0 zone)

Entry: 178.5 – 179.0

TP1: 176.5

TP2: 174.5

SL: 179.8

> Suitable for short-term scalping – should not hold long if there is no clear divergence.

C. SPOT (Immediate Trading)

Entry accumulation: 175.8 – 176.5

TP1: 178.5

TP2: 181.0

SL: 173.5

> Can divide 50% buy at the current zone – 50% wait to test MA25 again.

4. CONCLUSION

SOL is entering a positive short-term reversal phase

Prioritize Long according to the trend or Spot accumulation

Only consider short if there are clear signals from strong resistance at 178.3 – 179