1. Bollinger Bands • Price is right below the Upper Band ($151.62) → Indicates near overextension. • Middle Band (MB): $144.77 • Lower Band (DN): $137.92 ➡️ Bollinger Bands are widely expanding, confirming increased volatility and active trend.
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2. RSI • RSI(6): 72.33 → In the overbought zone → Caution for possible short-term pullback. • RSI(12): 65.80 → Still bullish • RSI(24): 58.70 → Moderate strength ➡️ RSI is strong but peaking → A short-term consolidation or correction is likely.
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3. Volume & Moving Averages • Recent volume candle: 167K → Not a major spike, but healthy. • MA(5): 352,171 < MA(10): 407,072 → Slightly bearish crossover → Warning for weakening short-term momentum.
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🔮 NEAR-TERM SCENARIOS
✅ Bullish Continuation (if breakout resumes) • If SOL breaks and holds above $152.70: • Next target: $155 → $158 • RSI(12) needs to stay above 65 with strong volume
⚠️ Pullback Scenario • If SOL fails to break $152.7 and closes below $148.1: • May retrace to $144.7 (middle BB) or deeper to $142 • RSI(6) cooling from 72 is the first sign of this happening
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📌 TRADING PLAN
Position Condition Target Stop Loss Long Break and close above $152.7 + high volume $155 – $158 $148.5 Short Rejection at $152.7 + RSI divergence $145 – $144.5 $153.2 $SOL
1. Bollinger Bands (21,2) • Price is approaching the Upper Band ($148.04), which aligns with previous resistance at $148. • Middle Band (Support): $143.72 • Lower Band: $139.40 ➡️ Bollinger Bands are expanding → Indicates increasing volatility.
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2. RSI • RSI(6): 72.12 → Overbought • RSI(12): 62.02 → Bullish but not extreme • RSI(24): 55.65 → Still neutral ➡️ RSI shows strong momentum, but short-term overheating may lead to a small pullback.
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3. Volume & Moving Averages • Volume Spike: 504K, showing strong buying interest. • MA(5): 428,123 > MA(10): 426,740 → Uptrend confirmed. • This breakout candle has high volume, which is a bullish confirmation.
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🔮 NEXT MOVE – SCENARIOS
✅ BULLISH CONTINUATION • If SOL breaks and closes above $148 on 4H: • Next targets: $152.5 → $155 • Confirmed by RSI(12) staying above 60 and volume staying elevated
⚠️ SHORT-TERM PULLBACK • If price fails to close above $148, or RSI(6) > 75 and starts turning down: • Possible retracement to $144 – $143.7 (middle Bollinger Band) • Still bullish overall if this support holds
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📌 STRATEGY SUGGESTION
Position Entry Condition Target Range Stop Loss Long Price closes above $148 w/ volume > 500K $152.5 – $155 $143.7 Short Price rejects $148 & RSI turns down $144 – $143.5 $148. $SOL
1. Bollinger Bands (21, 2) • Price is currently hovering around the mid-band (MB = 107,062) → Market is in a neutral zone. • Upper Band (Resistance): $108,164 • Lower Band (Support): $105,960 ➡️ Bands are slightly expanding → A volatile move may be coming soon.
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2. RSI (6 / 12 / 24) • RSI(6): 52.85 • RSI(12): 57.09 • RSI(24): 56.30 ➡️ All RSI levels are below the overbought zone (70), meaning BTC still has upside room, but momentum is currently neutral.
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3. Volume & MA • Volume is average, no recent spikes. • MA(5) = 1,875 > MA(10) = 1,817 → Bullish short-term trend. • However, RSI and MA lines are flattening, indicating consolidation after a strong move.
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🔮 NEXT MOVE – SCENARIOS
✅ BULLISH SCENARIO: • If BTC breaks above $108,200 – $108,950: • Target next resistance at $110,000 – $111,700 • Confirmed if RSI(12) > 60 and volume exceeds 700
⚠️ BEARISH SCENARIO: • If BTC drops below $106,000: • Price may pull back to $103,200 – $100,500 • RSI would likely drop to the 45–50 range
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📌 TRADING STRATEGY SUGGESTION (4H)
Position Entry Condition Target Price Stop Loss Long Price > $108,200 + strong volume $110,000 – $111,700 $106,200 Short Price < $106,000 $103,200 – $100,500 $108,200
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