24h High / Low: $193.87 / $185.20 → Price is near the top of the day’s range.
Moving Averages (MA):
MA(7) = 192.53 → Price just above short-term support.
MA(25) = 189.39 → Bullish as price is above it.
MA(99) = 193.83 → Price is just below this longer-term resistance.
RSI (6): 64.7 → Not yet overbought (>70), but leaning bullish.
MACD: Positive (DIF > DEA), momentum still bullish.
Volume: Decent buying volume.
📈 Trade Plan (Short-Term, Based on 1h Chart) Bullish Scenario (If you expect uptrend continuation) Entry: $191 – $193 (current zone, after a small dip).
Target 1: $196
Target 2: $200 (psychological resistance).
Stop-Loss: Below $189 (under MA25 support).
Bearish Scenario (If rejection at resistance continues) If price fails to break above $194–$195, it may pull back.
Entry (short): If candles close below $190.5.
Target: $187 – $185 (previous low).
Stop-Loss: Above $195.
✅ Risk Management Risk only 1–2% of your capital per trade.
Stick to your stop-loss.
If you want safer play: Wait for a clear breakout above $194.5 with strong volume before going long.
$GTC I see GTC/USDT has had a huge spike — it’s up +67% today, hitting a high of $0.546 from a low of $0.306, and your RSI is 98, which is extremely overbought.
Here’s a quick, step-by-step trade plan for this setup:
1. Identify the situation
Trend: Massive sudden spike after long sideways action — likely news, pump, or short squeeze.
RSI: 98 means it’s extremely overbought, so buying now is high-risk.
Volume: 33M+ just came in — high interest, but could be short-lived.
2. Possible strategies
If you’re not in a position yet:
Avoid chasing green candles — wait for a pullback.
Ideal buy zone: $0.42–$0.45 if price retraces.
Only buy if volume stays high and no massive sell walls appear.
If you’re already holding:
Secure profits: Sell 50–70% now around $0.51–$0.53.
Keep a trailing stop loss for the rest (around $0.47) in case it runs higher.
3. Risk management
Stop loss for new entry: below $0.40.
Position size: risk max 2–3% of your portfolio.
Avoid holding overnight unless it stabilizes above $0.50 with strong volume.
4. Warning signs to exit immediately
Sudden drop below $0.45 with high sell volume.
Large red candles with RSI still high.
Breaking below the 25-MA (~$0.327) would mean pump is over.
$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.
2. Trade Scenarios Bullish (Long) Scenario Entry idea: Wait for a small pullback near $181.5–$182 (to avoid chasing at RSI 76+).
Target 1: $183.20 (recent high).
Target 2: $185.00 (next resistance if breakout occurs).
Stop loss: Below $180.50 (just under MA(25) and local support).
Bearish (Short) Scenario Entry idea: If price fails to break $183.20 and shows rejection candles, consider short near $183.
Target 1: $181.00.
Target 2: $179.50 (near MA(99)).
Stop loss: Above $184.00.
3. Risk Management Risk per trade: 1–2% of account.
Use position sizing to match stop distance.
Avoid entering both long and short at the same time.
📌 My take right now: Momentum is bullish but short-term overbought — safest play is to wait for either a pullback to support or a confirmed breakout above $183.20 with volume.