Technical analysis #SOL/USDT based on timeframes of 15m, 1h, 4h, and 1D along with appropriate trading strategies:
🔍 1. Overview Analysis (Price: ~$164.75, +4.5%)
Strong short-term resistance: 165.36 (just touched).
Nearest support: 158.00 (EMA(100) and EMA(200) on the 15m timeframe).
Crypto Fear & Greed Index: 72 → Market sentiment is too greedy, warning that a correction may soon happen.
🕐 1D Chart (Mid-term trend)
Breakout EMA100-200: Price has surpassed all EMA lines (50, 100, 200) → Strong bullish signal.
RSI(7): 73.97 → Lightly overbought.
MACD: Positive crossover → supports the upward trend.
✅ Conclusion 1D: Trend has shifted to strong bullish, confirming breakout of the accumulation zone.
🕐 4H Chart (Short-term trend)
EMA7/21/50/100 all trending upwards → Strong bullish.
RSI(7): 86.99 → Extremely overbought zone.
MACD(12,26,9): Currently expanding → Bullish momentum is extremely strong.
⚠️ Warning: RSI overbought at dangerous high levels, a technical correction may soon occur.
🕐 1H Chart (Details of the uptrend)
Vertical spike, almost no correction.
RSI(7): 80.99, MACD still expanding → Uptrend has no signs of weakening but is in an extremely overbought zone.
🕒 15m Chart (Short-term trading moment)
Creating a parabolic bullish candle, strong volume increase.
RSI(7): 83.30, currently strongly overbought
EMA fan expands evenly → Short-term trend remains strong.
🧠 Trading strategy $SOL
1. ✅ If currently holding (bought from below):
Hold the position, can start to take profits gradually around 165.5–168.
Stop-loss moved up: 158.5 (below EMA100 15m), or 153 (EMA100 D1 if holding long-term).
2. ⛔ Do not FOMO buy at current price:
RSI and MACD indicate extremely high overbought levels across all timeframes → High risk if buying immediately.
3. 🔄 Plan to wait for a correction to buy back:
Safe buyback zone if a correction occurs: 155.5–158.
Watch if RSI returns below 70 + MACD cools down → enter buy spot or futures (small leverage).
🎯 Price target (target if holding mid-term):
Target 1: 170 (psychological resistance zone + near Fibonacci).
Target 2: 178–180 (old peak area at the beginning of June).
$SOL #SOL #TrendTradingStrategy