Looking at your 4H SOL/USDT chart:

Current Price: $167.33

Bollinger Bands: Price is touching the upper band (167.64) → indicates possible short-term overbought condition.

RSI(6): 77.77 → strongly overbought zone (>70).

Trend: Recent candles show a bounce from support ~155.8, breaking above mid-BB and now testing resistance near 169–170.

Order Book: 60% buyers vs 39% sellers → bullish order flow.

📊 Spot Buying Setup

Short-Term Entry:

Wait for a small pullback to 162.8–165.0 (middle Bollinger band or recent breakout zone) for a safer entry instead of buying at the top of the band.

Targets:

170–173 (near-term resistance)

175.7 (previous swing high)

Stop-Loss:

Keep below 160.9 (24h low) or 155.8 (strong support) depending on risk tolerance.

💡 Reasoning:

RSI is high, meaning buying now could lead to short-term retracement. Waiting for a dip toward the middle Bollinger line (MB ~162.8) gives a better risk-reward for spot buying.

If you want, I can mark exact buy, stop-loss, and target zones visually on your chart for today’s SOL spot trade.

$SOL

#solana #solanaholder