📊 Solana (SOL) Quick Market Update



💰 Price: ~$189

📈 Trend: Overall bullish (golden cross in play)

⚖️ Short-term: Overbought + MACD bearish

🔎 Technical Signals

RSI: ~55 (neutral-bullish)

Stochastic: ~70 (bullish but near overbought)

MACD: Bearish crossover

Williams %R: Overbought

EMAs: 50 > 200 (bullish golden cross)

🎯 Trade Idea (1–3 Days)

Setup: Short-term pullback play

Entry: $189.5 – $190.5

Stop-Loss: $193

Targets:

T1: $185

T2: $182–183

Confidence: Medium ⚡

✅ Alternative Long Play (if breakout)

Entry: Above $195 with volume

Stop: $189

Targets: $199 / $206

📌 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.
SOL1.55%
CROSS-15.68%
IN-7.44%
IDEA0.06%
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CryptoLoverArtistvip
· 08-18 04:05
I was right once again :)
Reply0
CryptoLoverArtistvip
· 08-17 04:05
thoughts?
Reply0
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