๐ Solana (SOL) Quick Market Update
๐ฐ Price: ~$189
๐ Trend: Overall bullish (golden cross in play)
โ๏ธ Short-term: Overbought + MACD bearish
๐ Technical Signals
RSI: ~55 (neutral-bullish)
Stochastic: ~70 (bullish but near overbought)
MACD: Bearish crossover
Williams %R: Overbought
EMAs: 50 > 200 (bullish golden cross)
๐ฏ Trade Idea (1โ3 Days)
Setup: Short-term pullback play
Entry: $189.5 โ $190.5
Stop-Loss: $193
Targets:
T1: $185
T2: $182โ183
Confidence: Medium โก
โ Alternative Long Play (if breakout)
Entry: Above $195 with volume
Stop: $189
Targets: $199 / $206
๐ Rationale: SOL is strong long-term but short-term indicators hint at a cooldown. Tight-range play gives controlled risk. Flip long only if breakout holds.
๐ฐ Price: ~$189
๐ Trend: Overall bullish (golden cross in play)
โ๏ธ Short-term: Overbought + MACD bearish
๐ Technical Signals
RSI: ~55 (neutral-bullish)
Stochastic: ~70 (bullish but near overbought)
MACD: Bearish crossover
Williams %R: Overbought
EMAs: 50 > 200 (bullish golden cross)
๐ฏ Trade Idea (1โ3 Days)
Setup: Short-term pullback play
Entry: $189.5 โ $190.5
Stop-Loss: $193
Targets:
T1: $185
T2: $182โ183
Confidence: Medium โก
โ Alternative Long Play (if breakout)
Entry: Above $195 with volume
Stop: $189
Targets: $199 / $206
๐ Rationale: SOL is strong long-term but short-term indicators hint at a cooldown. Tight-range play gives controlled risk. Flip long only if breakout holds.
