🔥 $SOL /USDT — Is This Bounce Real? Watch $157 Like a Hawk 🦅

Current Price: $154.16 (+2.07%)

Market Structure: Short-term bounce in downtrend

Bias: Still cautious — watching closely

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📝 Technical Analysis:

✅ Market Structure:

• Still in lower high, lower low sequence

• Current bounce from $141.53 → testing resistance now

✅ EMA Levels:

• EMA20 → $158.83 (immediate resistance)

• EMA50 → $157.64 (next resistance zone)

→ Both EMAs above price → downtrend still intact

✅ MACD:

• Negative but starting to flatten — early momentum shift possible

• Needs confirmation → bullish crossover not yet seen

✅ RSI:

• Rising → now 44.54

• Still below 50 → bearish zone

• No divergence — bounce looks technical / short covering

✅ Volume:

• Decent green volume last 2 days, but smaller today → caution

• Not a high conviction breakout yet

✅ Order Blocks:

• Support OB at 141-143 — held well

• Resistance OB near 157-160 — strong seller zone ahead

✅ FVGs:

• Fair value gap (imbalance) in 154-157 → could get filled soon

• Above 157 → cleaner path toward 159-165

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🎯 My Trading Plan:

✅ Closed some profits from bounce → now observing

✅ Will consider short-term scalp buy if SOL flips 157-158 cleanly with volume

✅ Will look for re-entry near 143 if rejection happens around current EMAs

🚫 Not chasing up here → price still under key moving averages

🚫 Will watch BTC closely → BTC dump = SOL likely retests lower levels

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Summary:

👉 This is likely a relief rally unless SOL can flip EMA50 + EMA20 with strength

👉 Expect high volatility → manage risk carefully

👉 I’m still patiently watching $143 zone for possible better long entries

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🔥 I’ll post an update if we break 157+ or if price rejects and rolls over.

👉 Follow for next SOL move 🚀

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#SOLUSDT #Solana⁩ #CryptoTradingInsights #CryptoPatience #RiskManagementMastery