Short-term technical outlook based on the SOL/USDT price action:
🔍 Observations:
• Support: Around $152.14 (tested multiple times).
• Resistance: Around $164.16 (recent high).
• Price has rejected resistance and is heading back toward support.
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📉 Short-Term Prediction:
• Price may retest the $152 zone again.
• If $152 breaks, expect a drop toward $148–$150.
• If $152 holds and volume supports it, a bounce back to $159–$162 is likely.
• Bias: Bearish unless $157–$159 is reclaimed quickly.
My plan :
• Buy near $150 when price stops falling and starts going up.
• Sell around $158–$160 to take quick profits.
• If price falls below $148, sell to avoid bigger losses.
• If price breaks above $160, buy again for a chance to make more money, but set a stop loss just below $160.
• Use short charts (5 or 15 minutes) to decide when to buy and sell.
• Watch for big increases in trading volume — it helps confirm the moves.
• Don’t hold your trades too long; aim to make fast gains.