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$SOL /USDT – Oversold Opportunity or Falling Knife? 🔥
$SOL is slipping, down 6.29% to $154.52. With key support levels nearby and bearish momentum building, is this the dip to buy or a trap? Let’s dive in!
📊 Market Overview
📍 Current Price: $154.52
📈 24h High: $165.35
❄️ 24h Low: $152.14
📊 Parabolic SAR: (Not visible – check live chart for trend dots)
📉 MACD Momentum:
DIF: -179.41 (Likely erroneous—requires cross-check)
MACD Signal Line (EMA): Data missing
Trend Signal: Momentum bearish, caution advised
🧠 RSI(6): 37.66 – Near oversold territory
📈 SOL Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SOL Holds Above $152.00):
Entry: Above $155.00
Targets: $162.00, $168.00, $174.50+
Stop-Loss: $149.50
🔹 Bearish Scenario (If SOL Breaks Below $152.00):
Entry: Below $152.00
Targets: $145.00, $138.00, $130.00
Stop-Loss: $158.00
🔍 Should You Hold or Sell?
✅ RSI near oversold—potential for bounce if buyers step in
⚠️ Moving averages show short-term downtrend (MA(7) < MA(25) < MA(99))
📉 Watch for breakdown below $152.00—could trigger deeper correction!
💡 Pro Tip:
🚀 Look for a strong volume surge above $155.00—this could flip sentiment fast!
⚠️ Avoid chasing unless confirmation candles form on the 4H or daily chart
📢 Are you buying the dip on SOL or waiting for confirmation? Drop your thoughts below!
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