๐ $SOL Trade Signal Update ๐
๐ Current Price $170.06 (-4.02%)
๐ Trend: Extreme downtrend (RSI at critical lows, MACD deepening)
๐ Key Indicators:
- RSI(6): 6.58 (Deep oversold โ potential reversal zone โ ๏ธ)
- STOCHRSI: 0.00 (Max oversold, watch for bounce)
- MACD: -0.42 (Bearish but nearing exhaustion)
- MA(7) < MA(25) < MA(99): Downtrend intact ๐จ
๐ฏ Levels:
- Resistance: $171.67 (MA7) โ Key breakout level
- Support: $168.00 (Recent swing low) โ Break targets $165.
๐ก Trade Idea:
- Aggressive longs: Only if RSI crosses 10 + price reclaims $171.67 (stop-loss $168).
- Bears: Hold shorts below MA(7), but watch for squeeze!
โ ๏ธ Critical: Volume spiked (23.5K vs MA5 69K) โ capitulation possible.
๐ Next: Wait for 15m candle close above MA(7) or breakdown below $168.
#SOL #ReversalWatch #CryptoAlert ๐จ๐
(DYOR โ Extreme risk!)