$SOL

I see from your chart that SOLUSDT just bounced from a low of around 172.66–173.34 and is now trading near 185.05 after a sharp recovery.

Here’s a step-by-step trade plan based on the 1-hour chart you shared:

1. Market Context

Trend: Short-term recovery after a deep drop from ~186.76.

Moving Averages: Price is currently above the MA(7) and MA(25), and approaching MA(99) (~179.68), which is often a resistance area.

RSI: At 71.6 — approaching overbought territory, meaning the upward momentum might slow or retrace soon.

MACD: Showing bullish crossover and positive momentum.

2. Key Levels

Support: 178.5 – 179.6 (near MA(99)), 173.3, and 172.6.

Resistance: 185.3 (24h high), then 186.7 (recent peak), and 187.4.

3. Trading Plan

Bullish scenario (Long):

Enter on a pullback to 179–181 if momentum remains bullish.

Target 185.3 → 186.7 → 187.4.

Stop loss below 177.

Bearish scenario (Short):

If price struggles to break 185.3–186.7 and shows rejection (long wicks or bearish candles).

Target 181.5 → 179.6.

Stop loss above 187.5.

4. Risk Management

Use small position size (1–3% of account risk) since RSI is already high and pullback is possible.

Keep stop loss tight due to recent volatility.