$SOL
Let's break down your SOL/USDT perpetual trade setup based on the 1 hour chart:
🟢 Current Price Snapshot
Last Price: $180.58
24h High/Low: $183.25 / $175.05
Trend: Upward, +2.15%
Volume (SOL): 27.79M (relatively strong)
Timeframe: 1 hour (1h)
📊 Indicators Analysis
1. Moving Averages
MA(7): 181.53 → Current price below short-term MA ⇒ slight short-term weakness
MA(25): 178.93 → Still above mid-term MA ⇒ medium-term trend intact
MA(99): 176.98 → Above long-term MA ⇒ strong trend support
Conclusion: Possible short-term pullback, but still bullish overall.
2. RSI (6): 49.35
Near neutral zone (50) → No overbought/oversold signal.
Recently declining → momentum slowing
3. MACD
MACD: 0.10, Signal (DEA): 1.00, DIF: 1.10
Histogram shrinking → bullish momentum weakening, potential for short-term cool-off
🟠 Support & Resistance Levels
Support zone: $178.90 (MA25) → good bounce zone
Resistance zone: $183.25 (24h high) → if broken, next leg up could come
📈 Trade Strategy Suggestions
🔵 Option 1: Long on Pullback
Entry: Around $178.50–179.00
SL: Below MA99 = $176.50
TP1: $183.20 (local high)
TP2: $185.50+ (if breakout confirmed)
🔴 Option 2: Short-term Scalping
Entry: $181.50 (if breaks back above MA7)
TP: $183.00
SL: $179.50
🟡 Option 3: Range Trading
Buy near support ($178.50)
Sell near resistance ($183.00)
Stop loss ~1.5–2% below entry
⚠️ Risk Notes
If BTC or ETH breaks trend, it may affect SOL's movement.
Volume is strong but RSI and MACD show weakening momentum — stay cautious.
Always use stop-loss and manage your leverage based on risk tolerance.