$SOL 🔍 Quick Technical Analysis
🕒 Time Frame: 15 Minutes
📉 Current Price: 138.35 USDT
Highest Price in 24 Hours: 148.81
Lowest Price in 24 Hours: 135.69
✅ Important Indicators:
1. RSI = 16.84
🔻 Very Strong Oversold Signal (Below 30)
→ A temporary upward rebound may occur.
2. MACD = Negative
The two lines (DIF and DEA) are in a downward trend
Continuous negative crossover
→ Selling pressure is still present.
3. Stochastic Indicator (%K = 26.94 , %D = 19.60)
Starting to exit the oversold condition
→ Signs of a potential rebound beginning.
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📊 General Trend in the Short Frame:
Strong decline followed by an initial attempt to rebound.
The price rebounded from 135.69 to 138.35.
However, there has been no confirmation of a bullish breakout yet.
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🛠️ Recommendation:
✅ If you are looking for a short trade (scalping):
Enter Buy with great caution
Buy Entry: Now near 138.35
First Target: 141.00
Second Target: 143.50 (If 141.00 is firmly broken)
Stop Loss: 135.30
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❌ Do not enter Sell currently:
Indicators are in an oversold condition.
Selling now after a sharp decline carries risk (the price may rebound further).
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⛔ Alert:
Make sure to monitor price movement at 141.00 as it is strong resistance.
If the price fails to break through, it may return to decline again.