šØ #SOLUSDT : Oversold Crash - Bounce or Breakdown? Critical Trade Setup!
Analysis & Trade Setup
š KEY OBSERVATIONS
1. Extreme Oversold Signals:
- STOCHRSI (5.51): Lowest since 2024 ā severely oversold.
- Williams %R (-90.27): Max oversold reading (bounce IMMINENT).
- RSI(6) at 34.51: Flashing buy opportunity.
2. Bullish Divergence:
- Price holding ABOVE 24h low (151.80) & Bollinger Lower Band (150.40).
- Long Dominance: Accounts (77.62% long) & Positions (66.01% long) ā whales accumulating.
3. Bearish Traps:
- OBV (-428K): Selling exhaustion near support.
- MACD (-0.24): Bearish momentum WEAKENING (potential reversal).
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šÆ TRADE STRATEGY
ā BULLISH ENTRY (80% Probability):
- Entry: $152.00 - $152.50 (aggressive) or wait for 5m green candle + volume spike.
- Targets: $156.20 (Mid Band) ā $157.99 (24h high) ā $162.00 (Upper Band).
- Stop Loss: $151.50 (below Lower Band).
š» BEARISH CONTINGENCY (20% Probability):
- Trigger: Close below $151.80 with >300K volume.
- Targets: $150.40 ā $148.00 (psychological support).
- Stop Loss: $153.50.
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š RISK MANAGEMENT
- Leverage: ⤠3x (high liquidation risk!).
- Position Size: 2-3% capital.
- Confirmation Tools:
- Bullish: STOCHRSI cross above 10 + volume > MA(5) (264K).
- Bearish: OBV breaks -500K + MACD histogram expands.
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#SOL #OversoldBounce #BuyTheDip #CryptoGems
Urgent: 24h low ($151.80) is the line in the sand! Break = panic, hold = 5%+ bounce. š„