š $SOL /USDT Market Outlook & Trade Ideas
š Price Snapshot
Current Price: $167.93 (-1.84%, 24h)
24h Range: $166.03 ā $175.34
Volume: 2.67M SOL / $455.87M USDT
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š Technical Overview
1. Moving Averages (MA):
MA(7): $167.93 ā Flat / Neutral
MA(25): $171.08 ā Resistance
MA(99): $174.08 ā Strong Resistance
> Price sitting on MA(7), but trading below MA(25) & MA(99) ā bearish pressure with a chance for stabilization.
2. RSI (6): 36.91
> Approaching oversold ā watch for a potential short-term bounce from the $166 level.
3. Key Levels:
Support: $166.03 (24h Low) ā Below that: $165.36
Resistance: $171.08 ā $174.08 (MA zone)
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š” Trade Setups (Not Financial Advice)
š¹ Scalping / Intraday:
Buy Zone: $166 ā $167
Stop-Loss: Below $165.30
Target: $170 ā $171 (near MA25)
š¹ Swing Trading Strategy:
Bullish Setup: Break and close above $171.08 (MA25) could signal upside continuation toward $174.
Bearish Rejection: A failed breakout may lead to another retest of $165ā$166 support area.
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š¢ Market Sentiment & Risk Watch
7-Day Trend: -5.72% ā Short-term bearish
30-Day Trend: +14.06% ā Mid-term bullish
90-Day Trend: +13.60% ā Recovery potential
180-Day Trend: -30.19% ā Still under pressure on higher timeframes
š Set Price Alerts:
Above $171 for breakout confirmation
Below $165 for potential downside continuation
ā Focus on structure, manage risk, and always DYOR.
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