đ $SOL Trade Signal Update đ
đ Current Price $170.06 (-4.02%)
đ Trend: Extreme downtrend (RSI at critical lows, MACD deepening)
đ Key Indicators:
- RSI(6): 6.58 (Deep oversold â potential reversal zone â ïž)
- STOCHRSI: 0.00 (Max oversold, watch for bounce)
- MACD: -0.42 (Bearish but nearing exhaustion)
- MA(7) < MA(25) < MA(99): Downtrend intact đš
đŻ Levels:
- Resistance: $171.67 (MA7) â Key breakout level
- Support: $168.00 (Recent swing low) â Break targets $165.
đĄ Trade Idea:
- Aggressive longs: Only if RSI crosses 10 + price reclaims $171.67 (stop-loss $168).
- Bears: Hold shorts below MA(7), but watch for squeeze!
â ïž Critical: Volume spiked (23.5K vs MA5 69K) â capitulation possible.
đ Next: Wait for 15m candle close above MA(7) or breakdown below $168.
#SOL #ReversalWatch #CryptoAlert đšđ
(DYOR â Extreme risk!)