$SOL
📊 Trade Signal: Cautious Short-Term Rebound Play
Entry Zone: $154.50 - $156.00
- Reason: Near support level (psychological $150-155 zone), RSI neutral, MACD hinting at reversal.
🎯 Targets:
1. TP1: $160.00 (2.6% gain) – Previous resistance.
2. TP2: $165.00 (6.5% gain) – 30-day trendline breakout.
🛑 Stop-Loss: $149.50 (3.2% risk)
- Why?: Below key support ($150) confirms downtrend continuation.
📈 Strategy:
- Type : Scalp/Swing trade (1-3 days).
- Confirmation Watch for:
- Volume spike (>20K SOL) on breakout.
- MACD histogram turning positive.
⚠️ Risk Notes:
- Low volume increases false breakout risk.
- Aggressive traders could wait for MACD crossover (DIF > DEA widening).
🧠 Market Psychology
- Traders are hesitant (low volume) but may test resistance if BTC stabilizes.
- The 30-day uptrend suggests buyers lurk at lower levels.
