$SOL

Here's a quick breakdown of your SOL/USDT (1H chart) to help you plan your trade:

🔍 Market Context Summary

Current Price: $182.23

24h High/Low: $189.82 / $175.50

Price Movement: Down 3.95% in 24h

Volume: Healthy (SOL: 32M, USDT: 5.77B)

📈 Technical Indicators

1. Moving Averages (MA):

MA(7): 180.09

MA(25): 180.99

MA(99): 191.27

✅ Price is slightly above short-term MAs (bullish sign), but still below MA(99) (bearish midterm).

2. RSI (6):

RSI is ~64

⚠️ Near overbought, but not extreme yet. Watch for RSI > 70.

3. MACD:

MACD Line: 0.64

Signal Line (DEA): -1.72

Histogram positive, turning green

✅ Momentum is shifting bullish, could continue up short-term.

📊 Chart Pattern & Structure

Recent low: $175.50

Short-term resistance: $183–185

Next resistance: $189–191 (MA99 zone)

Immediate support: $178–180

📌 Trade Plan (Short-Term Scalp)

Bullish Scenario (Long)

Entry: On pullback to $180–181

Target 1: $185

Target 2: $188

Stop-Loss: Below $178

✅ Good reward-to-risk setup if it respects the MA(7) or $180 support.

Bearish Scenario (Short)

Only if price rejects strongly at $185 or RSI crosses above 70 and reverses.

Entry: $184–185

Target: $178

Stop-Loss: $187+

🧠 Final Advice

Current bias: Cautiously Bullish (short-term)

If entering now, be careful: price is approaching resistance.

Wait for a pullback entry or a breakout confirmation above $185 with volume.