📌 1. Overview $SOL

  • Current price: ~156.8 USDT

  • 24h growth: +1.3%

  • High trading volume confirms inflow of capital.

📉 2. Technical analysis by time frame

⏱ 1D – Daily

  • Price breaks out of the ascending accumulation triangle, successfully breaking the resistance zone ~155–156.5.

  • RSI: ~56.5 – not yet in the overbought zone, still room for increase.

  • MACD strongly crosses up, histogram turns positive → clear bullish signal.

  • Near target: zone 160–161.5 (Fib 0.0 and EMA200).

✅ Trend: SLIGHT INCREASE → STRONG INCREASE if 154.5 holds.

⏱ 4H – H4

  • SOL is retesting the breakout area after hitting 157.9.

  • RSI: ~69 → near overbought zone, a short correction may occur.

  • EMA7 > EMA21 > EMA200 → clear upward trend.

  • MACD still has upward potential but is starting to curve down.

⚠️ Short-term correction possibility to support zone 153–154 before continuing to increase.

⏱ 1H – H1

  • Current price is correcting after a strong pump to 157.9.

  • Structure: Creating higher highs → short-term uptrend is still maintained.

  • RSI ~64, MACD decreasing → short technical correction is occurring.

  • Short support zone: 153.8–154.5.

⏱ 15m–5m (Entry timing)

  • Price is sideway correcting after a strong increase → waiting for a good pullback to enter.

  • RSI 5m around ~42 → about to hit technical bottom.

  • MACD is crossing down, need to closely monitor price behavior around 155.5–154.8.

🎯 3. Trading strategy for today

✅ Scenario 1: Buy on trend (Priority)

  • Buy zone: 154.5 – 155.5 (retest breakout zone + converging EMA)

  • Stop loss: < 153.3

  • TP1: 158.5

  • TP2: 160.5

  • TP3 (expected extension): 164

✔️ Can enter in parts or wait for candle confirmation at H1 – H4 then enter.

⚠️ Scenario 2: Failed breakout (lower)

  • If SOL strongly breaks <153.3 and closes a daily candle below this area → Trend fails.

  • Strategy: Stand aside and observe, or short if significant selling volume appears.

📌 Important note:

  • Volume is supporting the upward trend → no signs of significant distribution yet.

  • Avoid FOMO when RSI >70 at smaller time frames.

  • Prioritize trading on pullbacks, do not chase prices.

  • Closely monitor the 154.5–155.5 zone during today's US session.

#SOL #DayTradingStrategy #BreakoutTradingStrategy