$SOL USDT Perpetual Market Analysis & Trading Post
1. Current Price & Overview
- Last Price: 84.60 USDT
- Mark Price: 84.65
- 24h Change: +4.10% (Rs23,653.31)
- 24h High: 85.16 | 24h Low: 81.02
2. Trend Analysis
- Short‑term trend: Bullish (price breaking above the 7‑period MA & 25‑period MA).
- Moving Averages: MA(7)=83.98, MA(25)=83.53, MA(99)=83.06 – all acting as dynamic support.
- Chart pattern suggests an upward momentum after a consolidation dip.
3. Support & Resistance Levels
- Support: 83.06 (MA99), 82.30 (recent swing low), 81.53 (24h low zone).
- Resistance: 85.16 (24h high), 85.34 (next psychological level).
4. Volume Insight
- 24h Volume (SOL): 26.54 M | 24h Volume (USDT): 2.21 B.
- Volume spike during the price rise indicates strong buying interest, confirming the bullish move.
5. Entry & Exit Zones
- Entry Zone: Buy on pullback to 83.80–84.00 (near MA7) with confirmation candle (e.g., bullish engulfing).
- Alternative Entry: Breakout above 85.16 for aggressive entry.
6. Target & Stop‑Loss Setup
- Targets:
- Target 1: 85.60 (short‑term profit).
- Target 2: 86.50 (next resistance).
- Stop Loss: Place below 82.80 (below MA99 & recent low) to limit risk.
7. Market View & Outlook
- The perpetual contract shows a healthy bullish momentum with increasing volume, suggesting further upside if the price holds above moving averages.
- Watch for any reversal signs at resistance or volume decline, which could trigger a pullback to support zones.
8. Trading Strategy Summary
- Position: Long SOLUSDT perp.
- Risk‑Reward: Aim for 1:2+ (target 85.60 with stop at 82.80).
- Advice: Confirm entry with technical indicators (RSI or MACD) for added safety.
Do you want to adjust the entry/exit levels for a more conservative or aggressive setup, or need further risk‑management tips for this trade?
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